PROFITABLE INVESTMENTS FOR NON-FARMERS

EVEN NON-FARMERS can make money with the right investment. One such investment can be made in a Nexpro Combine Harvester, which, conservatively, can give a good return on investment in two harvesting seasons.

In a farm setting, industry practice dictates that the payment for agriculture rental equipment, such as a combine harvester, is in the form of shares in the harvest. For example, should one choose to invest in the Nexpro NX88 Combine Harvester, one can rent it out for use in rice fields in exchange for a rental payment of 8% of the rice yield or harvest—which is generally 120 sacks of rice.

The combine harvester can harvest 5 hectares per day, and if rented out for 30 days, profit computation will be thus: 120 sacks of rice, multiplied by 5 hectares per day of harvest, times 30 days of renting out the harvester, for a total of 18,000 sacks of rice. 8% of 18,000 sacks of rice is 1,440 sacks.

If each sack contains 50 kilos of rice, then the 1,440 sacks will yield 72,000 kilos of rice. If one can sell each kilo of rice for R12, then one stands to make a gross profit of R864,000.

This conservative estimate will give one a return on investment (ROI) within two harvest seasons. While the Nexpro NX60 Combine Harvester is priced at R1.2 million while the NX88 is priced at R1.45 million, the distributor, My Happy Farmer, offers financial payment options through ORIX Metro Financing (Metrobank) for Truck and Heavy Equipment. For cash payments, there are freebies and discounts available.

For more information about investing in the Nexpro Combine Harvester, please contact My Happy Farmer at 0932.854.0945 or email myhappyfarmerph@gmail.com.