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The Feasibility Investment of Honey Bee Cultivation Business Trigona sp. in Landono District South Konawe Regency (Case Study of Madu Mas Forest Farmer Group)

International Journal of Agricultural Social Economics and Rural Development (Ijaserd) · Vol. 2 No. 2 (2022) · pp. 45–49

DOI
10.37149/ijaserd.v2i2.23584
ISSN
2774-9126
Published
2022-04-02
Publisher
Department of Agribusiness Halu Oleo University Kendari Southeast Sulawesi
Language
eng
License
creativecommons.org/licenses/by-sa/4.0

Abstract

This study aims to analyze the financial aspects and the sensitivity of the Trigona sp. honey bee cultivation business in the Landono District, South Konawe Regency. This research was conducted from September 2021 to March 2022 using the case study method in the Madu Mas forest farmer group, with eight people used as informants. Research variables include informant identity and business feasibility analysis. The data analysis used is a quantitative analysis using investment assessment criteria including NPV, Net B/C, IRR, Payback Period, and sensitivity analysis. The results showed that the financial aspect obtained an NPV value of IDR40,139,762, with a discount factor of 14%, Net B/C of 1.94, an IRR value of 28.84%, and a Payback Period of 3 years four months so that the honey bee cultivation business declared financially viable. Based on the sensitivity analysis, the business is still feasible to run despite a 25% decrease in honey production and a 35% increase in operating costs. However, if there is a decrease in honey production by 25% and an increase in operational costs by 35% simultaneously, then the honey bee cultivation business is not feasible.

Keywords

Collaboration network of the authors

40 authors · 113 co-authorship links · 7 across different organisations · showing the 40 most connected

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Universitas Halu Oleo
  • Universitas Muhammadiyah Jakarta
  • Universitas Gadjah Mada
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Muhammad Aswar LimiUniversitas Halu Oleo16
Budiyanto BudiyantoUniversitas Muhammadiyah Jakarta4
La Ode AlwiUniversitas Halu Oleo3
Sitti Aida Adha TaridalaUniversitas Halu Oleo3
Lukman YunusAffiliation unknown3
Munirwan ZaniUniversitas Halu Oleo3
Idrus SalamUniversitas Halu Oleo3
wa Ode YusriaAffiliation unknown3
Salamah SalamahAffiliation unknown2
Haji SaedimanUniversitas Halu Oleo2
Yusna IndarsyihUniversitas Halu Oleo2
Darwan DarwanAffiliation unknown2
Arif RahmanUniversitas Gadjah Mada2
Ilma Sarimustaqiyma RianseAffiliation unknown2
La Ode NafiuUniversitas Halu Oleo1
Fatmawati FatmawatiUniversitas Halu Oleo1
Musram AbadiUniversitas Halu Oleo1
Reski AmboAffiliation unknown1
Rosmawaty RosmawatyAffiliation unknown1
Hasyanky M SaragiUniversitas Halu Oleo1
La Ode JabuddinUniversitas Halu Oleo1
Ayub M. PadangaranAffiliation unknown1
Weka Gusmiarty AbdullahUniversitas Halu Oleo1
Wa Ode KuliatiAffiliation unknown1
Finayah Akhirul­­Affiliation unknown1
Taane La OlaAffiliation unknown1
Helviani HelvianiAffiliation unknown1
Onu La OlaAffiliation unknown1
Rahmat Arif AdimulyaAffiliation unknown1
Tamrin TamrinUniversitas Halu Oleo1
Anugrah HidayatAffiliation unknown1
Andi Windi IndarawatiAffiliation unknown1
Seffyan HendratnoAffiliation unknown1
Jukasmir JukasmirAffiliation unknown1
Fajriah FajriahAffiliation unknown1
Sidarilis SidarilisAffiliation unknown1
Endryawan EndryawanAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://ojs.uho.ac.id/index.php/ijaserd/oai, first harvested 30 Okt 2026, last seen 30 Okt 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en-US">The Feasibility Investment of Honey Bee Cultivation Business Trigona sp. in Landono District South Konawe Regency (Case Study of Madu Mas Forest Farmer Group)</dc:title>
	<dc:creator>Hasyim, Ahsan Taqwim</dc:creator>
	<dc:creator>Bafadal, Azhar</dc:creator>
	<dc:creator>Fyka, Samsul Alam</dc:creator>
	<dc:subject xml:lang="en-US">financial feasibility; sensitivity; Trigona sp. bee</dc:subject>
	<dc:description xml:lang="en-US">This study aims to analyze the financial aspects and the sensitivity of the Trigona sp. honey bee cultivation business in the Landono District, South Konawe Regency. This research was conducted from September 2021 to March 2022 using the case study method in the Madu Mas forest farmer group, with eight people used as informants. Research variables include informant identity and business feasibility analysis. The data analysis used is a quantitative analysis using investment assessment criteria including NPV, Net B/C, IRR, Payback Period, and sensitivity analysis. The results showed that the financial aspect obtained an NPV value of IDR40,139,762, with a discount factor of 14%, Net B/C of 1.94, an IRR value of 28.84%, and a Payback Period of 3 years four months so that the honey bee cultivation business declared financially viable. Based on the sensitivity analysis, the business is still feasible to run despite a 25% decrease in honey production and a 35% increase in operating costs. However, if there is a decrease in honey production by 25% and an increase in operational costs by 35% simultaneously, then the honey bee cultivation business is not feasible.</dc:description>
	<dc:publisher xml:lang="en-US">Department of Agribusiness Halu Oleo University Kendari Southeast Sulawesi</dc:publisher>
	<dc:contributor xml:lang="en-US"></dc:contributor>
	<dc:date>2022-04-02</dc:date>
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	<dc:identifier>10.37149/ijaserd.v2i2.23584</dc:identifier>
	<dc:source xml:lang="en-US">International Journal of Agricultural Social Economics and Rural Development (Ijaserd); Vol 2, No 2 (2022); 45 - 49</dc:source>
	<dc:source>2774-9126</dc:source>
	<dc:source>10.37149/ijaserd.v2i2</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://ojs.uho.ac.id/index.php/ijaserd/article/view/23584/pdf</dc:relation>
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	<dc:rights xml:lang="en-US">Copyright (c) 2022 International Journal of Agricultural Social Economics and Rural Development (Ijaserd)</dc:rights>
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