8. Financial Aspects :
8.1 Economic Life
The economic life of Passion Fruit vine is considered as five years. It is not economical to maintain the vines afterwards, even though the yield can be obtained after five years.
8.2 Unit Cost
The item-wise unit cost is given in Annexure-II. As per the technical & financial parameters, the unit cost per hectare works out to 100600/- spread over a period of two years (I-Year : 76000 + II-Year : 24600 = 100600).
8.3 Margin Money
The percentage of margin / down payment to investment cost prescribed is 5, 10 and 15% for small, medium and large farmers respectively. The rest of the investment cost will be provided as bank loan. Margin considered in the present model is 10%.
8.4 Bank Loan
Bank loan of 85 - 95 % shall be available from the financing institution. Bank loan considered in the model is 90%.
8.5 Interest Rate
The rate of interest to be charged to the ultimate borrower would be guided by RBI guidelines issued from time to time. However, the ultimate lending rate has been considered as 12 % for working out the bankability of the model scheme.
Banks are guided by RBI guidelines issued from time to time in this regard.
8.7 Financial Analysis :
The detailed financial analysis are given in Annexures II - V. Based on the detailed financial analysis, the financial indicators are given below :
8.8 Repayment Period
The bank loan along with interest is repaid in five years including one year grace period. The detailed repayment schedule is given in Annexure VI.
9. Conclusion :
Keeping in view the above aspects, it can be concluded thatorganic cultivation of passion fruit is a technically feasible, financially viable and bankable activity.