Goat farming has shown itself to be one of the most profitable occupations/ professions in developing countries like Nepal.
The business can be done with ease, either as a sole proprietorship or with a team structure.
Because of the adequate amount of grassland, forests, water, and agriculture, goat farming lends itself to being a successful crop in rural areas.
Due to the ever-increasing population in Nepal, the production and supply of meat does not currently meet the high demand. Nepal has limited occupational animal Husbandry or farming and does produce an adequate meat supply.
Investing in this sector is profitable for the investor and can also play a pivotal role in creating sustainable employment opportunities, where farmers can supplement their income just by raising small numbers of goats themselves. Last but not least, this endeavor will raise the country’s economic status.
Considering the Government of Nepal’s data collection, approximately 5 billion NRP
($48,456,115) worth of meat is being imported from India and China annually. These numbers suggest that creating animal husbandry in Nepal can be highly successful in meeting the demand and providing needed jobs for the citizenry.
Goat farming only requires common knowledge and simple qualifications. Women can raise goats, and it’s also particularly useful for people returning from up to 4 years of out of the country service employment in Saudi Arabia, Malaysia, Kuwait. They can create sustainable lives, as this type of business will help with the transition from abroad to being back home. This also enables families to stay together and creates a more stable homeland environment.
Objectives of Goat Farming
Provides employment for women (women empowerment), young people and people who are reentering the country and rejoining their families after job projects abroad
Stimulates local market flow with local resources and raw materials
Provides self-employment and financial independence, and opportunities for families to pay for their children’s college tuitions.
Provides healthy and clean meat as a diet.
It acts as an example for others (villages and people) that Nepali people can sustain and increase their economic status through goat farming businesses.
Provides financial opportunities to create agricultural businesses and other cottage businesses that are sustainable.
Allows people to do social work by accepting and implementing this industry.
Market Target Areas
The produced meat can be supplied at local markets as well as the more urban areas such as Kathmandu and Pokhara.
Goat farming is a secure business with very little risks.
Mutton is one of the favorite food staples of the Nepalese people, therefore, the market for goat meat. Goat milk and cheese also provide healthier alternatives to cow’s milk and are a part of the goat business.
If they are able to create these farms, the import of meat from China
and India will decrease. It will help Nepal to stop investing in other country’s economics and start improving their own economic status.
On another hand, people who look for employment in Saudi Arabia, Malaysia, etc. will find more employment opportunities in their own country and their own villages.
Karki Gaun’s environment is ideal for commercial goat farming and has all basic infrastructure in place for trading and transporting goats.
Karki Gaun as a village has the opportunity to rise above the poverty level, send their children to good schools and live healthy, sustainable, and prosperous lives.
Planning and farming:
A female goat can have up to 7 kids (baby goats) in her life.
The death rate of kids (baby goats) is less than 10%.
Goats are grass-fed, which is cheaper than feeding with grain.
Goats are raised in a “free range” environment and are never kept in small restrictive cages.
5 Year Plan
The startup costs are $13890, which includes 60 goats, 2 barns, a water tank and separate stall for 2 male goats. We start with 60 goats and over the duration of 5 years.
We start with 60 goats and over the duration of 5 years, the goat population will have increased to 120.
Goat purchase costs: 60 goats including transport $80 each total: $4800
2 Breeding goats (male) $145 each total: $290
Fixed starting costs: 2 Buildings (barns) can house 60 goats each $4000 each total: $8000
Water tank 2000 liters.
Male goat’s separate stall (2) total: $200
Miscellaneous total: $600
Total estimated costs: $13890