3,000 taka to start, now 3.5 lakh taka of sales a month
Started at home in 2020 with 3,000 taka. Sales now run at 3-3.5 lakh taka a month on a 15-17 percent margin after costs, with 21-30 people working.
This woman in West Ramnagar, Dinajpur town, began making knotted-cord goods at home in 2020 with 3,000 taka. She now makes more than a hundred product types from macrame cord, Samarian thread, wool, beads, feathers, cane rings and wood: dreamcatchers, rope curtains, prayer-mat hangers, baskets, pen holders, key rings, table lamps, mats and rugs. The report puts monthly sales at 3-3.5 lakh taka on a margin of 15-17 percent after costs. Between 21 and 30 people work at the unit, many of them students, earning 6,000-10,000 taka a month on average. At any time she carries about 2 lakh taka of finished stock and 6-6.5 lakh taka of raw material. Most of the selling is done through her Facebook page.
Lessons
- 1.Where the work is labour-heavy and material-light, 3,000 taka is enough to start: the stock grew out of sales, not out of a loan
- 2.Raw material ties up 6-6.5 lakh against 2 lakh of finished goods: most of the capital sits in inputs before anything is sold
We published this with the person's permission, without revealing who they are.
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