Saturday, February 11, 2017

Copra (Coconut)

Coconut is useful, because you can earn money from it. Lucky those who own some coconut plants! The way how it works here is, once they gathered all the coconuts, they started cutting it, and put it under the fire. When it is already cooked, they'll start taking the coconut meat from the coconut shells, and then put on the sacks. This is called Copra. One kilograms of Copra is worth 22 Pesos. If you have enough plants to make 500 kg of Copra, you get over 10000 Peso.

But the Copra distributors make even more money. They buy the Copra from the province people and sell it in the city. They can easily triple their capital this way. The reason why not too many people are of the Copra reselling business is because of lack of budget. It needs enough capital for a business like Copra. Well, the reason why I write about this is because I have seen my cousin entering the Copra business. They have sacks of coconuts in their backyard.

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