Cinnamon Essay

1180 Words3 Pages

INTRODUCTION

It has sparkly, weathered green leaves and little, white blooms, with oval molded purple berries. The bark is pale tan and papery, with thick plumes that move inside each other, and is assembled at regular intervals.

Under regular conditions, the plant develops to a tallness of 10 - 15m with the circumference of 30-50cm. At the point when coppiced every now and then it could be kept up as shrub of 2-2.5m tallness with various stems emerging from its base. The blooms are little, velvety and unnoticeable forming into dim purple ovoid one seeded berries, something like 1.5 - 2.5cm long.

In Sri Lanka, cinnamon appears to have begun in the focal slopes where a few types of cinnamon happen sporadically in spots, for example, Kandy, Matale, Belihull Oya, Haputale and the Sinharaja woodland range. In spite of the fact that cinnamon development is without further ado thought along the seaside cinch extending along from Kaluthara to Mathara, it has likewise made advances to the inland of Kalutara, Ambalangoda, Matara and Ratnapura. The degree under cinnamon in Sri Lanka is 25,500ha. Despite the fact that, the heft of cinnamon estates are something like 70 - 80 years of age, the extent of property has been reducing and just about 5-10% of the ranches are of sizeable degree going from 8 - 10ha.

We are pleased to say that 90% of the world cinnamon interest is supplied by Sri Lanka, and in the year 2001 fare acquiring from cinnamon was Rs. 3.9 billion.

Real results of the cinnamon business are Cinnamon plumes, Leaf oil, and Bark oil. Other than these cinnamon chips and quislings are some auxiliary results of the cinnamon handling industry.

Since Sri Lanka is the origination of genuine cinnamon, all the t...

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... profitable for both of them.

FINANCIAL REQIREMENTS

This business does not need much working capital because it only needs the cinnamon leaves as the raw material. Also this business has reduced another part of financial requirement by using cinnamon leaves from his own plantations. But he does need funds to pay the daily wages of the employees and for the maintenance of the machinery. For that he uses the money he gets by selling the oil he extracts. Also he uses the money he gets from his plantations also.

However he needs much more capital for his plantations. Therefore he said that he would take a loan from the bank whenever he needs a bigger amount of money. Also he said that banks offer low interest loans for those who cultivates. Therefore it is a great opportunity for planters like him to take loans like that. Also he said that he does not take

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