- Initial cultivation
- Spacing, 9x9m
- Planting
- Pollination
- Fertilizer, Nitrogen is most important Bearing, within 3 years after translating
- Mulching and weeding, improve water retention of soil and promote growth.
- Grafting Hass avocado twigs onto another avocado variety may enable to harvest avocados in two to three years
- Hass trees will start producing fruit in roughly five years.
- 3-5 years old tree yields 300-400 kg fruits per acre while a tree older than 5 years yields 800-1000kg fruits.
- High market potential over the last 10-20 years.
- Can export to international because Green Hands will follow the international practices.
- Profit for one year is around 50lakh.
- Job opportunities may improve among local community.
Growing
Site selection, fertilizing, drainage, soil preparation, planting the local avocado variety, pest control.
Grafting
Grafting is a process of joining parts of two trees biologically. To obtain a large crop of top quality Hass fruit, grafting is technically necessary.
Harvesting
Avocado trees may start to bar fruit in the second year. Using good rootstocks, good management, irrigation and nutrition can achieve more capacity during yields.
Packaging
Fruits must be delivered to the packing house and immediately stored in a holding area and check for damage. Before packaging, there will be washing, sorting, labeling, and box formation steps will apply.
Transport
Avocados go though a quality check and deliver to local distributors and trade hub for international buyers.
Retail & Food Outlets
Green hands’ contracted retail outlet and food service stores in country wide will sell to consumer.
Consumer
Deliver fruit at final destination with the quality desired by the market
Year 1
– 550 lakh/acre
– 30% down payment
– 10 years installment
– 385 lakh Loan amount granted from bank with – 5.1 lakh monthly installment.
– Avocado plantation & maintenance service is FOC for 2 years.
Year 2
– Hass avocado was grafted to local avocado variety.
– 2 year installment + 30% downpayment = 294 lakh was already paid.
Year 3
Hass trees are growing
Green Hands farming professional services will be available as per request.
369 lakh was invested, third year of bank installment is done.
Year 4
Hass trees start producing the fruits.
444 lakh was invested.
Year 5
Yearly expenses start reduced from this year.
Avocados can start selling to the market, and estimate income is 20 lakh for this year.
Market price assumption is 5000 MMK/kg, but according to the market research, HASS avocado
price in local market is about
10,000 MMK/kg.
Year 6
An estimated amount of Hass avocado 10kg/tree will be produced this year, and the expected income will be 40 lakh.
2.9lakh/month expenses, inclusive of bank installment, farm facilities & maintenance.
Year 7
An estimated amount of Hass avocado 20kg/tree will be produced this year, and expected income will be 80 lakh.
Gross profit is 5.2lakh/year, ROI 6.5%.
Year 8
An estimated amount of Hass avocado 30kg/tree will be produced this year and expected income will be 120 lakh.
Gross profit is
45 lakh/year, ROI 37.7%.
Year 9
An estimated amount of Hass avocado 40Kg/tree will be produced this year and expected income will be 160 lakh.
Gross profit is
85 lakh/year, ROI 53.3%.
Year 10
An estimated amount of Hass avocado 50kg/tree will be produced this year and expected income will be 200 lakh.
Gross profit is 1
25 lakh/year, ROI 62.6%.
Bank installment completed.
Year 11
An estimated amount of Hass avocado 60kg/tree will be produced this year and expected income will be 240 lakh.
Gross profit is 226lakh/year, ROI 94.3%.
Net income will start on year 12.