A curd shop started on 1.3 lakh, with capital now at 10 lakh
A buffalo-curd business started with 130,000 taka now carries 10 lakh taka of capital. Four buffaloes bought two years ago for five lakh taka made it its own milk supplier, and 12-15 shops in the area move about 1,000 pots a day.
This trader opened a curd shop at Lal Bridge in Chakaria, Cox's Bazar, 12 years ago with 130,000 taka, and now puts the business's capital at 10 lakh taka. Rather than only buying milk in, he put profits back into his own supply: five lakh taka for four buffaloes two years ago, so the curd is made from his own milk, and three lakh taka for two shotok of land a few months ago. Twelve to fifteen shops in the area sell his curd, moving around 1,000 pots between them on an ordinary day and 3,000-4,000 kg over Ramadan and Eid. A one-kg pot sells at 220-250 taka, two kg at 400-450 and four kg at 800-850, and the curd goes to Cox's Bazar town, Bandarban, Chattogram and Dhaka. He has been supplying online for a year, and the selling point is that the curd is thick enough with cream that it needs no refrigeration.
Lessons
- 1.Buying your own buffaloes turns a milk-buying shop into a producer and takes out the main input-price risk
- 2.Supplying a dozen neighbouring shops moves far more volume than one counter ever can
Published with the person's permission, without revealing who they are.
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