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Pioneer Farms International Bananas
Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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These guys are based in Ruiru
They have been running adverts on Kikuyu TV stations
They have two programmes - bananas and chicken
BANANA
You have 1 acre land with reliable water source
They sell you 480 seedlings @ sh380 each = Sh182,400
They come to your shamba, dig the holes, apply manure & fertilizer and plant the seedlings
In 3 months, the come back and apply more manure + fertilizer
In 3 more months the repeat above
In 3 other months they put final manure & fertilizer
During this 9-month period, your job is to till the weeds and water the bananas during dry spells - each plant needs 20L water per week
From 12th month, you start harvesting the early fruits.
They claim if properly cared for, you will get approx 100kg to 150kg bananas
They buy the bananas from you at Sh39 per kg.
You harvest first fruits weekly for about 3 months
Expect a minimum total of 480 x 100kg = 48,000kg
Total return is therefore = 48,000kg x sh39 = sh1,872,000!
Is this too good to be true?
Anyone in the banana market: tell us, if these numbers are reasonably exaggerated! Or are they OUTRAGEOUSLY exaggerated?
What would be the expected plant loss rate?
I once planted Eucalyptus trees and lost about 30% in one year. Forestry dept were shocked at how WELL my tree had survived - apparently average loss is around 50%!
So; who knows about bananas?
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Rank: Veteran Joined: 4/4/2007 Posts: 1,162
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Ok, I'm a banana farmer.
Which banana variety weighs 100kg? Maybe 25kg
480 seedlings in an acre? Very dense even without doing the maths - bananas are heavy feeders and require space.
Also the 9months growth is rather short, my estimate is 12 months for the early fruit
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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chiaroscuro wrote:These guys are based in Ruiru
They have been running adverts on Kikuyu TV stations
They have two programmes - bananas and chicken
BANANA
You have 1 acre land with reliable water source
They sell you 480 seedlings @ sh380 each = Sh182,400
They come to your shamba, dig the holes, apply manure & fertilizer and plant the seedlings
In 3 months, the come back and apply more manure + fertilizer
In 3 more months the repeat above
In 3 other months they put final manure & fertilizer
During this 9-month period, your job is to till the weeds and water the bananas during dry spells - each plant needs 20L water per week
From 12th month, you start harvesting the early fruits.
They claim if properly cared for, you will get approx 100kg to 150kg bananas
They buy the bananas from you at Sh39 per kg.
You harvest first fruits weekly for about 3 months
Expect a minimum total of 480 x 100kg = 48,000kg
Total return is therefore = 48,000kg x sh39 = sh1,872,000!
Is this too good to be true?
Anyone in the banana market: tell us, if these numbers are reasonably exaggerated! Or are they OUTRAGEOUSLY exaggerated?
What would be the expected plant loss rate?
I once planted Eucalyptus trees and lost about 30% in one year. Forestry dept were shocked at how WELL my tree had survived - apparently average loss is around 50%!
So; who knows about bananas? I think they are too ambitious, below are their two biggest assumptions 1.Each banana seedling will have 5 banana trees 2.Each banana tree will yield 25kgs of bananas meaning aprox 27-30kgs of banana brunch. A)They should revise the banana seedlings tree yield to 1-2 in the first year, 2-3 trees in the second year and 3-5 trees in the third year. B) Banana yield per tree should be 15kgs-20kgs per brunch. In the first year, assuming no seedling dies you should work with no more than 450K gross sales with their pricing If Obiero did it, Who Am I?
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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majimaji wrote:
Ok, I'm a banana farmer.
Which banana variety weighs 100kg? Maybe 25kg
480 seedlings in an acre? Very dense even without doing the maths - bananas are heavy feeders and require space.
Also the 9months growth is rather short, my estimate is 12 months for the early fruit
They say Fhia variety...   Their first fruits are also at 12 months @Majimaji; what is the average range of prices per kilo in our market?
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Rank: Veteran Joined: 4/4/2007 Posts: 1,162
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chiaroscuro wrote:majimaji wrote:
Ok, I'm a banana farmer.
Which banana variety weighs 100kg? Maybe 25kg
480 seedlings in an acre? Very dense even without doing the maths - bananas are heavy feeders and require space.
Also the 9months growth is rather short, my estimate is 12 months for the early fruit
They say Fhia variety... Their first fruits are also at 12 months @Majimaji; what is the average range of prices per kilo in our market? Ok, the FHIA is a good variety. I don't sell mine in kilos but I recently have sold like the bunch pictured wholesale. It had 150 or so bananas that I sold at 20 bob per 3no., that gave KES 1000 bob.
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Rank: Member Joined: 12/2/2006 Posts: 658
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That price of a banana plant of Kshs 380 is day light robbery.
I know of Tc labs selling at Kshs 85 per 1 well hardened plantlet...
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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majimaji wrote:chiaroscuro wrote:majimaji wrote:
Ok, I'm a banana farmer.
Which banana variety weighs 100kg? Maybe 25kg
480 seedlings in an acre? Very dense even without doing the maths - bananas are heavy feeders and require space.
Also the 9months growth is rather short, my estimate is 12 months for the early fruit
They say Fhia variety... Their first fruits are also at 12 months @Majimaji; what is the average range of prices per kilo in our market? Ok, the FHIA is a good variety. I don't sell mine in kilos but I recently have sold like the bunch pictured wholesale. It had 150 or so bananas that I sold at 20 bob per 3no., that gave KES 1000 bob. What is 3nos? Am expecting a harvest and I want to know this market lingo. Do you mean mandizi tatu? "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Julie wrote:That price of a banana plant of Kshs 380 is day light robbery.
I know of Tc labs selling at Kshs 85 per 1 well hardened plantlet... The pricing maybe includes the digging, fertilizer & manure plus the guaranteed market!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Our bananas, where I come from, mature at 16-18 months, though the traditional variety!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Veteran Joined: 4/4/2007 Posts: 1,162
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murchr wrote:majimaji wrote:chiaroscuro wrote:majimaji wrote:
Ok, I'm a banana farmer.
Which banana variety weighs 100kg? Maybe 25kg
480 seedlings in an acre? Very dense even without doing the maths - bananas are heavy feeders and require space.
Also the 9months growth is rather short, my estimate is 12 months for the early fruit
They say Fhia variety... Their first fruits are also at 12 months @Majimaji; what is the average range of prices per kilo in our market? Ok, the FHIA is a good variety. I don't sell mine in kilos but I recently have sold like the bunch pictured wholesale. It had 150 or so bananas that I sold at 20 bob per 3no., that gave KES 1000 bob. What is 3nos? Am expecting a harvest and I want to know this market lingo. Do you mean mandizi tatu? Yes. 3 number. Sorry for using language ya welder na fundi.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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majimaji wrote:murchr wrote:majimaji wrote:chiaroscuro wrote:majimaji wrote:
Ok, I'm a banana farmer.
Which banana variety weighs 100kg? Maybe 25kg
480 seedlings in an acre? Very dense even without doing the maths - bananas are heavy feeders and require space.
Also the 9months growth is rather short, my estimate is 12 months for the early fruit
They say Fhia variety... Their first fruits are also at 12 months @Majimaji; what is the average range of prices per kilo in our market? Ok, the FHIA is a good variety. I don't sell mine in kilos but I recently have sold like the bunch pictured wholesale. It had 150 or so bananas that I sold at 20 bob per 3no., that gave KES 1000 bob. What is 3nos? Am expecting a harvest and I want to know this market lingo. Do you mean mandizi tatu? Yes. 3 number. Sorry for using language ya welder na fundi. Yawa very clear language, ndizi tatu ni mbao!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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I stopped reading @ 'They sell you ....' If you are a genuine company why not invest your money, then deduct the same from sales? Sugar companies do that, no? Rabbit venders tried the same thing
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Mukiri wrote:I stopped reading @ 'They sell you ....'
If you are a genuine company why not invest your money, then deduct the same from sales? Sugar companies do that, no? Rabbit venders tried the same thing Yes they do....and look how well they are doing and how happy the farmers are...
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