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Vol 15 No 2 (2021): September

Issue Published : Jun 26, 2021
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This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Financial Analysis for the Community Forest of Herbs Agroforestry Pattern in Gerbosari Village Kulon Progo District

https://doi.org/10.22146/jik.v15i2.1530
Hafizah Arinah
hafizaharinah@usu.ac.id
Universitas Sumatera Utara
Wahyu Andayani
Universitas Gadjah Mada
Ris Hadi Purwanto
Universitas Gadjah Mada

Corresponding Author(s) : Hafizah Arinah

hafizaharinah@usu.ac.id

Jurnal Ilmu Kehutanan, Vol 15 No 2 (2021): September
Article Published : Jun 10, 2021

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Abstract

This research aimed to assess the feasibility of herb agroforestry utilization in the community forest of Gerbosari Village, Kulon Progo. This research measured NPV (Net Present Value), Net B/C (Net Benefit-Cost Ratio), IRR (Internal Rate of Return), and AEV (Annual Equivalent Value) as the financial feasibility criteria. A stratified sampling method was employed in which sixty farmers were classified into three strata based on the size of their lands. Based on the financial feasibility analysis, in stratum I, the values of the criteria measured were NPV of IDR15,757,980.56/ha/25 years, Net B/C of 1.62, IRR of 22.12%, and AEV of IDR1,296,647.20/year. In stratum II, the values of criteria measured were NPV of IDR14,255,408.39/ha/25 years, Net B/C of 1.76, IRR of 23.78%, and AEV of IDR1,173,007.88/year. Finally, in stratum III, the criteria measured were NPV of IDR19,444,703.86/ha/25 years, Net B/C of 2.21, IRR of 32%, and AEV of IDR1,600,009.64/year. The results suggest that herb agroforestry plays an important role in farmers' livelihood particularly as a source of income in both the short and long terms. The herb agroforestry utilization contributes positively to the economy of Gerbosari Village, Kulon Progo District.

Keywords

herbs agroforestry financial feasibility analysis community forest profitability
Arinah, H., Andayani, W., & Purwanto, R. H. (2021). Financial Analysis for the Community Forest of Herbs Agroforestry Pattern in Gerbosari Village Kulon Progo District. Jurnal Ilmu Kehutanan, 15(2), 137-146. https://doi.org/10.22146/jik.v15i2.1530
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References
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Author Biographies

Hafizah Arinah, Universitas Sumatera Utara

Departemen Manajemen Hutan, Fakultas Kehutanan, Universitas Sumatera Utara, Medan

Wahyu Andayani, Universitas Gadjah Mada

Faculty of Forestry, Universitas Gadjah Mada, Yogyakarta

Ris Hadi Purwanto, Universitas Gadjah Mada

Faculty of Forestry, Universitas Gadjah Mada, Yogyakarta

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