Topic > Cinnamon Essay - 1180

INTRODUCTIONIt has matured, glittering green leaves and small white flowers, with oval-shaped purple berries. The bark is light brown and papery, with thick plumes that move into each other, and is gathered at regular intervals. Under regular conditions, the plant reaches a height of 10 - 15 m with a circumference of 30-50 cm. When shed from time to time, it can be maintained as a 2-2.5m tall shrub with several stems emerging from the base. The flowers are small, velvety and imperceptible and form in ovoid berries with a dark purple seed, about 1.5 - 2.5 cm long. In Sri Lanka, cinnamon appears to have started in the focal slopes where some types of cinnamon are found sporadically in patches, for example, Kandy, Matale, Belihull Oya, Haputale and the Sinharaja forest range. Despite the fact that cinnamon development is widely seen along the beach stretching from Kaluthara to Mathara, it has also made progress inland from Kalutara, Ambalangoda, Matara and Ratnapura. The area under cinnamon cultivation in Sri Lanka is 25,500 hectares. Despite the fact that the weight of the cinnamon ranches is about 70 - 80 years old, the size of the property has decreased and only about 5-10% of the ranches are sizable in size, ranging from 8 to 10 hectares. We are happy to say that 90% of the world's interest in cinnamon is supplied by Sri Lanka, and in 2001 the purchase of cinnamon from Cinnamon was Rs. 3.9 billion. The actual results of the cinnamon business are cinnamon plumes, leaf oil, and bark oil. Besides these cinnamon flakes and quislings there are some auxiliary achievements of the cinnamon processing industry. Since Sri Lanka is the place of origin of genuine cinnamon, all t...... middle of paper...... profitable for both .FINANCIAL REQUIREMENTSThis business does not need much working capital because it only needs the cinnamon leaves as raw material. This business also reduced another part of the financial requirement by using cinnamon leaves from its own plantations. But it needs funds to pay the daily wages of the employees and to maintain the machinery. For this it uses the money obtained from the sale of the oil it extracts. He also uses the money he gets from his plantations. However he needs much more capital for his plantations. So he said he would ask for a loan from the bank whenever he needed a larger sum of money. He also said banks offer low-interest loans for farmers. So it's a great opportunity for planters like him to take such loans. He also said he doesn't take it