Goat Farming in Nepal as a Way to Rise Out of Poverty
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 independency, 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.