Land leased at 15,000 taka an acre, and a kul orchard earning 10 lakh a year
He lost his NGO job in 2020 and the next year leased 2.17 acres at 15,000 taka an acre a year to plant more than 400 kul trees. The orchard yields at least 10 tons a season and brings about 10 lakh taka a year, though his price has slipped from 120 taka a kilo to 80-100.
This young man from Gochkhali in Amtali upazila, Barguna, lost his NGO job in 2020 and the following year leased 2.17 acres at 15,000 taka per acre per year to plant kul. He put in more than 400 trees across four varieties: apple kul, Kashmiri kul, bau kul and bonsundari. The orchard came into production within about a year and now yields at least 10 tons a season, bringing in roughly 10 lakh taka a year. His selling price has slipped from 120 taka a kilo in the first season to 80 or 100, as kul planting spread locally. He has since expanded to five and a half acres and employs two workers, and expects around 25 lakh taka a year from the enlarged orchard, which is an expectation rather than current income.
Lessons
- 1.A fixed lease at 15,000 taka an acre a year let him start a multi-year orchard without buying land
- 2.Even with four varieties planted, his price per kilo fell by a third within two seasons as local supply grew
Published with the person's permission, without revealing who they are.
Discussion
Nobody has written yet. Be the first.