Farming 101

My boyfriend Nyl and I have decided to invest on farming this year. Hey! we're not planning or preparing ourselves for marriage, which most of our relatives and friends think but because we feel the need to put our money where we could earn.

Anyway, so we rented my aunt's farm for Php 15,000 which is good for 2 years and deal Uncle Siano,our close family friend, to assist us especially that both of us has no knowledge with this kind of stuff, and also to look out for our crops while we are on the city; in return he gets 5% of our net income.  After closing a deal with Uncle Siano, we asked him about the things we needed to buy and the cost for the labor( from land preparation to planting the corn seed).  He suggested we should used Round-up Ready corn seed so we won't have a hard time dealing with the weeds since all we have to do is to spray a herbicide. The next day I started calling our local stores and look for the one who has the best price.  I never thought that we need Php 17, 280 just for the materials alone and another Php 6,900.00 for the labor (just for land preparation and planting alone) , gosh! to tell you honestly our money wasn't enough.  I told Nyl about it and he decided to withdraw his saving from OIC, a cooperative bank, but we are still short.  So, I decided to avail a salary loan from SSS and ask my mom for help. hehehe!  I thought we could stand up on our own but in the end of the day I always run to my parents for financial assistance. hehehe! Lucky for me, she was able to lend us the amount we needed.

This morning, she and my dad helped me in purchasing the materials and brought it to the farm, how lucky am I? On Monday, Uncle Siano will start planting the corn seed. I wish I could participate on that day and get my hands dirty, but I can't I still have work to do.  For now all I can do is to work and save so we can have the money we needed for the upcoming harvest, which is three months from now.
So for those who wants to invest on farming, like us, or any kind of business just remember to save first for your capital before engaging yourself to it.