Delighting Taste Buds with the Crunch of Banana Wafers

This blog explores the business opportunity of making banana wafers in Kenya. Banana wafers are a popular snack enjoyed worldwide, made by slicing bananas into thin pieces. This project focuses on utilizing the locally available banana variety known as Matooke in Uganda, which is also readily accessible in Kenya. Banana wafers can be enjoyed as a standalone snack or incorporated into desserts and puddings. With its versatility, this venture can be undertaken in both rural and urban settings. Let’s dive into the project details, production process, market potential, and the accessibility of equipment and raw materials in Kenya.

Introduction: A Cross-Cutting Snack for All

Banana wafers have gained popularity as a delicious snack enjoyed around the world. In Kenya, these crispy delights can cater to diverse consumer preferences. The project entails an initial cost of US$1,318, producing 46,800 kgs of banana wafers per year, with an estimated annual revenue of US$35,100. With a profit margin of 475 and a payback period of approximately 4 months, this venture promises a lucrative opportunity.

Production Process: From Peel to Crisp

The production process of banana wafers involves the following steps:

1. Peeling: Bananas can be peeled manually or using a peeling machine.

2. Slicing: The peeled bananas are sliced into thin pieces.

3. Dehydration: The banana slices are rapidly dehydrated to reduce moisture content.

4. Deep Frying: The dehydrated slices are deep-fried in cooking oil until they turn crispy.

5. Seasoning: Excess oil is extracted, and the fried banana wafers are seasoned with salt and other spices, as desired.

The plant’s capacity is 150 kg per 8 hours, but larger capacity equipment is available if needed. The technology required for banana wafer production is accessible within Kenya, making it affordable and feasible.

General Costs: Ensuring Profitability

To ensure profitability, it is crucial to consider the general costs associated with banana wafer production:

1. Production Costs: The production costs are estimated based on 312 days per year, with a daily capacity of 150 kg.

2. Depreciation: Fixed assets are assumed to have a depreciation rate of 25% per year.

3. Direct Costs: Direct costs include materials, supplies, and all other expenses incurred in the production process.

4. Monthly Days: A production month is assumed to have 26 workdays.

Market Potential: Capturing Local and International Attention

Banana wafers have gained popularity among the urban population in Kenya. With their increased shelf life, these crispy snacks can be supplied to supermarkets, schools, hotels, hospitals, and other establishments. Through aggressive marketing efforts, banana wafers can capture the attention of consumers not only locally but also in the international market. Additionally, by producing wafers in different styles or designs, entrepreneurs can cater to diverse consumer preferences and expand their customer base.

Source of Equipment and Raw Materials: Local Availability

The required machinery for banana wafer production can be fabricated locally or imported. In Kenya, bananas are easily available in the local market throughout the country, ensuring a consistent supply of raw materials for this venture.

Embark on the journey of making banana wafers, offering a delightful and profitable snack to Kenyan consumers. With its widespread popularity and accessibility of equipment and raw materials, this business venture promises to be a sweet success.