5 Ways to Earn Good Money from Eighth Acre Plot

Land is one of the biggest challenges facing farmers in Africa and Kenya. However, if you have 1/8th acre piece of land, there are various types of small-scale farming that you can do. Examples include:

Mushroom farming

They do not require a huge area of land. Since button mushrooms do not grow tall, they can be cultivated on an 1/8th acre. It is enough to set up an incubation house. Having 600 bags in one cropping room, you can get close to one tonne of button mushrooms averaging ksh600/kg translating to a total of ksh700,000. Mushrooms can be supplied to supermarkets, hotels, households and can also be imported.

Green chili and capsicum farming

Chilies and capsicum grow best in warm and humid conditions. The area should receive about 6-8 hours of sunlight. They do not require as much water as other plants. It takes the seeds 2 to 4 months to grow and produce fruit. An 1/8th acre plot can produce at least 150kg per produce selling for ksh 50/= per kg.

Poultry Farming

Poultry involves keeping of chicken, which can be indigenous (Kienyeji), layers, or broilers. Improved indigenous breeds are also available. In Kenya, chicken eggs are consumed more than meat. The appropriate structures can fit in a 1/8th acre and yield good profit. The market price for the indigenous (Kienyeji) chicken is around Ksh1,000 and Ksh500 for the broiler chicken depending on the size of the bird.

Borehole Water Supply

Most developers in Kenya have been forced to rely on ground water to attract investors due to the non-availability of water in their areas. This has led to increased ground water exploitation. The cost of drilling a borehole ranges from Ksh1.2 million to Ksh3 million depending on the complexity of the work and the location of the drilling company.

On Kangundo road, borehole water is necessary and most common because clean water is not available. This makes it a good business venture to drill an industrial borehole and supply within the area.

Rental Houses

The biggest advantage of owning a rental home is that you will receive a monthly income stream from the rental property. Furthermore, as the owner of the property, you will benefit from an increase in the property value over time as a result of changing market demands in the area, even if the property itself does not change.

Sweat equity is likely to add additional value to the property as you maintain and upgrade it. Not only will this allow you to charge more for rent, it will also increase the value of the property itself, especially on Kangundo Road where demand is growing.

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