A PROJECT PROPOSAL Of PARAGUA FOOD PRODUCTS ENTERPRISE
I
Project Title : Processing of Spicy Anchovies & Cashew Nuts
II Proponent
: Anita B. Maigue Proprietor a.Barangay Sta. Monica, Puerto Princesa
City b Tel.# 048 -433-6071 -433-60 71 c. Cellphone : 09106288800 III. Financing Institution :
City Government (Livelihood Component Program)
IV. IV. Project Requirement Requir ement :
PhP 200,000.00
The PROPONENT:
The Paragua Food Product, Inc., is a small scale family based or sole propr propriet ietors orship hip enterpr enterprise ise duly duly recogni recognized zed by the Depart Departmen mentt of Trade Trade & Indust Industry ry (DTI) (DTI) ; Bureau Bureau of Foods Foods & Drugs (BF (BFAD); AD); and having having busine business ss permit permit from the City City government government.. Having been been engaged in several several fish fish and food recipes recipes development development activities activities like peanut butter butter ; spicy dilis, dilis, cashew nuts and other food product items. It started to introduce spicy dilis, to local consumer consumer until further further calls the attention attention of the local government government of the product. product. Sometime Sometime in 1999, it gains recognition recognition as the first prize food category in the competition competition sponsored sponsored by DTI and the product awardee category provi provinci ncial al gove govern rnme ment nt in the the sear search ch for for the the ORIG ORIGIN INAL AL PALA ALAWAN PASALUBONG contest.
Participat Participation ion to the the exhibits exhibits of the the products products outside outside the province province and city, city, especially held at STAR STAR MEGAMALL in Mandaluyong City gave the promot promotion ional al awaren awareness ess of the the interes interested ted distri distribut butor or and consum consumer er of the product produced by the enterprise. Two main products are being processed by the enterprise, both spicy anchovies anchovies and cashew nuts nuts (roasted (roasted,, salted & britt brittled). led). These These items items supports supports the activity of the proprietor since its was established.
Sometime, Sometime, due due to the erratic supply of the raw materials materials for for the spicy dilis especially especially the dried anchovies anchovies is enough to venture venture to some profitable endeavor like the processing, trading & marketing of of cashew
. The The propo propone nent nt inte intend nd to borro borrow w mobi mobili liza zati tion on fund fund for for the the processing processing of spicy spicy anchovies anchovies & cashew nuts. The project project aim to expand expand its its meager financial resources through the availment of LOAN ASSISTANCE ASSISTANCE from the City Government under the Livelihood Component program..
V.
PROJECT DESCRIPTION:
A. CASHEW CASHEW NUT PROCESS PROCESSING ING:: B. SPICY SPICY ANCHOVIE ANCHOVIES S (“DILI) (“DILI) PROCES PROCESSING SING:: Cashew Nuts Processing : The nuts are taken out from the fruits and dried in the sunlight. With the aid of decortating gadget, the shells is separated from the fruit fruit shell. shell. Roasted Roasted in the modified modified oven until until it is totally totally on on its palatable palatable taste. taste. Ready to sell sell to the trader and the trader trader do the strategy strategy for marketi marketing. ng. Repackaging Repackaging is done to suit suit in the affordabil affordability ity of the customer customer such as as 100 grams; grams; 200 grams; grams; 250grams 250grams;; 500 grams up to to 1 kg. Labelled Labelled by the traders traders registered entity.
Observation made made by the the proponent as it is being actually practiced presently in marke marketi ting ng the the Roas Roaste ted d Cash Cashew ew Nuts Nuts is thro through ugh reta retail ilin ing g to the the diff differ erent ent establishment like NCC; displayed at Hotels restaurants ; airport store and the repeat order of the customer. customer. Daily Maximum Volume of disposal of the roasted. Is not less less than 30 kg per day. day. It is expected that 900 kg. Monthly production is needed assuming the price is P53.00 pesos per kilo. More or less PhP112,500.00 PhP112,500.00 capital investment is needed to venture venture in the project. (See attached sheet for the assumption description)
FLOW OF PROCESSING OF CASHEW NUTS: GROWERS- -
TRADERS/BUYERS : ------.>-PROCESSORS: PRODUCTION PROCESS------------------------------*drying *removal of shell *Roasting *removal of remaining skin +Oven toasting *Packaging & labeling *Distribution to customers
PROCESSING SYSTEM TECHNOLOGY FOR SPICY DILIS: A tedious process process is being being done to attain the palatable spicy anchovy. From raw dried anchovies to the processor until it reaches to the consumer or market distribution distribution will take the following step[s: SELECTION OF DRIED ANCHOVIES (class A) CLEANING (removing of foreign matters) PREPARA PREPARATION TION OF MIXTURES ( available condiments) THAWING THAWING – COOK COOKING ING/fr /fryin ying g – PLAC PLACIN ING G TO BO BOXE XES S –WEI –WEIGH GHIN ING G – SE SEAL ALIN ING G -- & LABELLING : ------DISTRIBUTION/MARKETING;
PROJECT GENERAL DESCRIPTION: The Spicy Dilis System & Cashew Nuts :
The proponent intend to expand the the spicy dilis & cashew production system from 200 kgs per month (Maximum Available Volume) Volume) to 1,000 kls per month and 2 workers presently engaged to 5 workers additional to be employed employed in the project. Processing Plant: Presently, the area is located in the Staffhouse of BFAR-RFTC –PALAWAN, in the campus of WPU with an area of 3m x 5m or (15 sq. m.) working working space. Enough to accom accommo modat datee the the proce process ssin ing g of the the prod produc uct. t. There There is a proj project ectio ion n to expan expand d the the processing plant if the financial resources resources will be available and the site is owned by the proprietor.
Raw Materials:
Dried Anchovy – regardless regardless of any specie of anchovy anchovy as long as in good size size and quality. quality. Condiments Condiments or mixtures mixtures are needed needed in the processin processing g of spicy dilis dilis such such as flour; sugar; eggs; pepper mono sodium glutamate salt; and cooking oil. Cashew Nuts : most preferable the good nuts is being processed to attain quality processed cashew nuts either brittle, salted or roasted. Cooking oil is needed in brittle & salted processing while while roasted requires the oven for toasting the nuts. Supplies ,packaging & Other Materials :
The supplies needed are the microwavable plastic boxes (round & rectangular) PA 003,cellophane; cartoons; tying rope; packaging tape; tissue papers; detergents/soap, detergents/soap, etc. EQUIPMENT & UTENSILS:
The proponent had the existing existing and functional equipment and utensils presently presently used in the production of spicy dilis and cashew nuts. (gasul tanks; frying bowl, strainers; mixing bowl; weighing scale; blower; fire fire extinguisher, extinguisher, etc.) The need to purchase big oven for the the roasted roasted cashew cashew processi processing ng and ideal containers containers to stock stock cooked cooked cashew cashew meat before packing. Transportation & Communication Facilities:
The available available transportat transportation ion & communication communication facilities facilities used for the business business endeavo endeavorr are : one unit unit motor motor vehicle vehicle;; one unit tricycle; tricycle; landline landline telephone telephone & fax machine & Cellphones: Land & Buildings Presently Presentl y, the proprietor proprieto r is staying in the staffhouse of the BFAR-RFTC –PALAW –PALAWAN AN wherein, the processing plant is located and installed, however, however, outside the staffhouse, the real property is located with 300 sq. meter area with building.
VI.
SCOPE OF ACTIVITIES:
The Preparation Period The Preparation Preparation period covers all the activities formal inception of the project to to the actual commissioning or availment of the loan to the project implementation such as:
SUMMARY OF ACTIVITIES: 1.Preparation of Detailed Feasibility Study 2. Procurements Procurements of raw raw materials. Supplies & equipment 3. Processing –prooduction & marketing
The Operation Activity :
1. Market Information This i nvolves the activities to inform the prospective clienteles/customer of the produc product. t. Presen Presently tly,, the custom customers ers and distri distribut butors ors of the produc productt is from from the city city, province, Metro Manila. Also walk-in clients from abroad as for pasalubong. The use of tri –media approach would help much in the the widespread dessimination of the product. The partic participa ipatio tion n to the exhibit exhibitss in Metro Metro Manila Manila (SM-M (SM-Megam egamall all)) gains gains a great great momentu momentum m to be known about about the product product of the PARA PARAGUA GUA FOOD FOOD PRODUCT PRODUCTS S ENTERRPRISE.
2. Sales Activity The repeat order of the customer indicates the good quality of the product sold by the enterprise. The main point of this part is the sustainability of the the production which the distributor/customers distributor/customers demands is always provided. Distribution to the the local markets, hotels and restaurants, department stores (NCC) and distributors from Manila, Makati, Isabela Isabela and other province provincess is done Throug Through h teleph telephone one or by personal personal orders orders and enternet is being accommodated.
3. Parallel Business Activities: The enterprise enterprise will engage engage to some other food processing processing aspects aspects such as the peanut butter production, etc., to augment the business income and activity of the worker. Fishermen & traders will be benefited to the project.
VI-A : DETAILED DETAILED SCOPE OF ACTIVITIES: Phase-I : Implementation of Approved Feasibility Study:
The enterprise (PARAGUA (PARAGUA FOOD PRODUCTS) with the financial assistance provided provided by the City Government Government will do the implementatio implementation n the in processing and production production of the goods contemplated contemplated.. Maximum Maximum Availab Available le Volume Volume will targeted targeted to attain the profitable business b usiness endeavor. Phasse –II 2. Mobilization Mobilizatio n of Production Workers:
The recruitment or employing additional production workers is required to attain the MAV MAV. Additional purchases of Oven Machine for the roasted cashew cashew processing.
CHART OF ACTIVITIES: ----------------------------------------------------------------------------------------------------------PHASE : ACTIVITIES / no. of days : (1-30 ) : (31 -60) ; 61-90 : 91-120 I
: Implementation of Approved FS ****** - - - - - - - - - - - - -- - -- - - -- - - Mobilization/recruitment Production Workers. : ******
2.
Procurem uremeent of Raw Materials/Suppli plies/ Equipment. :
***
3.
Production/ Processsing
:
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4.
Marketing/Selling/Distribution Marketing/Selling/Distributi on
:
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VII. PROJECTED FINANCIAL STATEMENTS: A. CASHEW NUTS PROCESSING: DEVELOPMENT COSTS: I.
Raw Ma Materials : Purchased of Cashew Nuts 30kls.or ganta at P53.00 =P1,590.00
II Labor Cost for Processing Result : 19.3 kls ---- at P30.00/kl --=P579.00 (removal of shell) 15 kls. -----at P15.00/kl 15 kls.
=P225.00 (cooking/roasting)
At P22.00/klk =P330.00 (removal of inner skin P1,134.00
Raw materials -cashew nuts-----------P1,590. nuts---------- -P1,590. PhP2,724.00 = gross expenses/day III. SALE OF PRODUCTS: Price per kilo = P250.00/kl x 15 kls.= P3,750.00 gross sale/day Gross sale /day - - - - - - - - - - -- -P3,750.00 Gross expenses/day ---------------------------- --- 2,724.00 ------------------
P1,026.00 net gain/day ANNEXURE – A : PROJECTED PRODUCTION : ---------------------------------------------------------------------------------------month : volume : price/kl total cost ------------------------------------------------------------------------ ----------------1, Jan : 30kls/day (900kls) P53.00kl P1,590.00/day ( P47,700.00) 2. February -do3. March ----------- do4. April -do5. May -do6. June -do7. July -do8. August -do9. September do10 October do 11. November do 12. December do ------------------------------------------------------------------------------------------------TOTAL TOT AL 10,800 kls. PhP572,400.00 -----------------------------------------------------------------------------------------------------
C. SPICY SPICY DILIS: DILIS: INCOME PROJECTION: Inputs: Given 1000 –kls- raw dried anchovies (dilis / month (MAV) (MAV) @ P150.00/kl price of dried dilis ----------------PhP 150,000.00 +
PhP 19,550.00 ----- expenses for the mixtures & other --------------------------------- -------costs to arrive at finished products PhP 169,550.00 ------gross investment.
COMPUTED: Price finished product (Spicy (Spicy Dilis /kl) = PhP350.00 PhP350.00 for 1,000 kls/processed/month (MAV)=PhP350,000.00 (MAV)=PhP350,000.00 PhP350,000.00 – PhP 169,550.00 = PhP180,450 Net Income before tax
ANNEXURE – B : (PROJECTED INCOME FOR 8 MONTHS MONTHS PERIOD) ----------------------------------------------------------------------------------Period/months: Gross Income: Gross Expenses NET GAIN -----------------------------------------------------------------------------------1st (January.) P112,500.00 : P81,720.00 P30,780.00 nd 2 (February) -doxx xx rd 3 -(March) -doxx xx th 4 (April) -doxx xx th 5 (May) -do xx xx th 6 (June ) -doxx xx th 7 ( July) doxx xx th 8 (August) -doxx xx th 9 (September) -do xx xx th 10 (October) doxx xx th 11 (November) do xx xx th 12 (December) do xx xx ----------------------------------------------------------------------------------------TOTAL TOT AL :PhP1,350,000.00 PhP980,640.00 PhP360,000.00
AXXENURE-C –(LOAN AMORTIZATION AMORTIZATION SCHEDULE) (Principal Loan Amount : P200,000.00 interest ( 0%) Terms 2-years ---------------------------------------------------------------------------------Period(Months) : AMOUNT Interest Total Cost -----------------------------------------------------------------------------------2008-2009 ------------Year –I PhP=100,000.00 Year -2 PhP=100,000.00 ---------------------------------------------------------------------------------------MONTHLY MONTHLY AMORTIZATION AMORTIZATION ---------PhP=8,333.33 ---------PhP =8,333.33
A PROJECT PROPOSAL Of PARAGUA FOOD PRODUCTS ENTERPRISE
----------------------
by:
ANITA BACOMO MAIGUE (Proprietor)
Project Title : Processing of Spicy Dilis & Cashew Nuts Location : Barangay Sta Monica, Puerto Princesa City Project Amount : PhP200,000.00
