LILONGWE UNIVERSITY OF AGRICULTURE AND NATURAL RESOURCES
Knowledge Innovation Excellence
NRC CAMPUS
TO : MR. JOSEPH KALASA
FROM : GROUP 1 & 10 MEMBERS
NAME PASSCODE NAME PASSCODE
Fyness Mhango 230301858 Tatenda Million 230301863
Temwani Chikoti 230301733 Mary Nsona 230301905
Diana Chitseko 230301745 Praise Kamende 230301795
Tadala Dzuwalapepa 230301757 Yamikani Lusale 230301826
Shirah Mkaonja 230301865 Khadija Maleta 230301840
Elias Supa 230301936 Rose Tushera 230301944
Grecioum Maganga 230301828 Hastings Solomon 230301931
Kumbukani Chunga 230301752 Brenda Stima 230301935
Christina Kafumbwe 230301784 Henderson Said 230300283
Esther Nahuwo 230301892 Berson Mmerah 230301827
Lungano Zamkwera 230301949 Agness Phiri 230301911
Habbib Makanyanga 230301833 Ackim Fortyforty 230301760
Correta Malamulo 230301838
COURSE : CONSERVATION AGRICULTURE
COURSE CODE : NCAG122
INTAKE : 42
PROGRAM : FOOD, NUTRITION AND LIVELIHOOD SECURITY
DUE DATE : 14TH OCTOBER, 2024.
FARM BUSINESS PLAN
FARM NAME : Tikondane Farm
LOCATION : Mkhwidzi, Lilongwe, Malawi.
FARM SIZE : 7 acres
Welcome to Tikondane Farm, a sustainable farm dedicated to producing healthy food while
protecting the environment. Our mission is to create a thriving agricultural system that
benefits both people and the planet. By combining crops and natural resources, we aim to
grow a diverse range of nutritious foods, support local communities and promote ecological
balance.
PRODUCTION
Maize (3 acres)
Beans (0.5 acres)
Tomato (2 acres)
Vegetables (Mustard) (0.5 acres)
Onion (0.5 acres)
Carrot (0.5 acres)
Marketing and sales
Maize (3 acres)
1 acre = 40 bags
Then, 1 bag = k 35,000
= 40 bags × K 35,000 ÷ 1 bag
= K 1,400,000
K 1,400,000 × 3 acre ÷ 1 acre
= K4,200,000
Beans (0.5 acres)
1 acre = 4 bags
Then, 1 bag = K 250,000
= 4 bags × K 250,000 ÷ 1 bag
= K 1,000,000
K 1,000,000 × 0.5 acres ÷ 1 acre
= K 500,000
Tomato (2 acres)
1 acre = 25 tons
Then, 1 ton = K 300,000
= 25 tons × K 300,000 ÷ 1 ton
= K 7,500,000
K 7,500,000 × 2 acres ÷ 1 acre
= K 15,000,000
Vegetable (Mustard) (0.5 acres)
1 acre = 20,000 heads
Then, 1 head = K 200
= 20,000 heads × K 200 ÷ 1 head
= K 4,000,000
K 4,000,000 × 0.5 acre ÷ 1 acre
= K 2,000,000
Onion (0.5 acres)
1 acre = 6 tons
Then, 1 ton = K 25,000
= 6 tons × K 25,000 ÷ 1 ton
= K 150,000
K 150,000 × 0.5 acres ÷ 1 acre
= K 75,000
Carrot (0.5 acres)
1 acre = 15 tons
Then, 1 ton = K 8,000
= 15 tons × K 8,000 ÷ 1 ton
= K 120,000
K 120,000 × 0.5 acres ÷ 1 acre
= K 60,000
FINANCIAL PROJECTION
Income statement = Total cost (K 25,000,000 per season)
1) Revenue
Total cost K 25,000,000 for 1 season
K 50,000,000 per year
Revenue = K 4,000,000
BALANCE SHEET
INCOME COST(MK) EXPENDITURE COST(MK)
MAIZE 4,200,000 MAIZE 1,000,000
ACTIVITIES
BEANS 500,000 ACTIVITIES ON 100,000
BEANS CROP
TOMATOES 15,000,000 TOMATOES 2,500,000
ACTIVITIES
ONION 75,000 ONION 30,000
ACTIVITIES
CARROT 60,000 WORK DONE 25,000
AT CARROT
MUSTARD 2,000,000 ACTIVITIES ON 400,000
MUSTARD
MARKET COST 700,000
EQUIPMENT 2,500,000
REVENUE 4,000,000
TOTAL 21, 835,000 TOTAL 11,255,000
PROFIT = TOTAL INCOME -TOTAL EXPENDITURE
= (21, 835,000 – 11,255,000) MK
=MK 10,580,000
EQUIPMENT MAINTAINENCE
Tools
Plough
-greasing in the nuts and bolts
-tight well after use it
- wash it after use and put it on the shade
Tanks
-tight it well the valves
-checking the safety devices (pressure relief valves)
-Painting outside to prevent corrosion
-cleaning
Drip pipes
- remove segment inside the pipe by connecting it to the pipe which have high pressure
Spray
-by greasing on the joint
-cleaning
-nozzle inspection
Mitigation measures towards the environment
The following principles of conservation agriculture are to be applied on our farm in order to
improve and conserve the environment. These includes; crop rotation, no tillage, mixed
cropping, mulching, water conservation.
Crop rotation is the practice of growing a serious of different crops on the same land in a
specific sequence. The main aim of crop rotation is to improve soil fertility, increase crop
yield, reduced pest and diseases and many more.
Season 1 2 3 4 4
/NO of
plots
1 == Carrot Mustard onion Tomato
2 Tomato == carrot mustard Onion
3 Onion Tomato == carrot Mustard
4 Mustard Onion Tomato == Carrot
5 carrot Mustard onion tomato ==
Intercropping
Is the cropping system where two or more crops are grown simultaneous on the same piece of
land. Maize and beans, maize help of support beans where beans crumb on it while beans
help nitrogen fixation that are used for maize growth
No tillage
A farming practice where crops are grown without disturbing the soil through tillage,
preserving soil healthy and structure. It is less than 30% disturbing the soil and also help to
reduce labor, maintaining moisture, improve soil healthy and is save money and time.
Water conversation
Rain water harvesting, water is collected and stored in tanks or dam for irrigation
Runoff harvesting
Water that are from the ground can be collected using drain to dam where will be stored
Biodiversity enhancement measures
Crop diversification that is planting multiple crops including cover crops to enhance proper
soil structure. This can be achieved by reducing tillage to minimize erosion
Economic analysis; includes budget of input cost of available resources. In our case, the
resources include seeds, drip pipe, irrigation pumps and in minimal hoes.
Monitoring and evaluation
Production level
Monitor the following; soil healthy, organic matter, water holding capacities, planting growth
and plant yield.
REFERENCES
Shanks, J. (2017). The farm business plan: A guide to creating a successful farm. Chelsea
Green Publishing.
Smith, D. E. (2019). Agricultural business management: A practical guide. CABI.
