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  • Nursery is operational. We decided to proceed in May and the nursery has been operational since July 26. It has a capacity to raise ~2 lakh saplings in one batch and as of Sep 7, FPO has raised __ saplings, sold ___ and realized ___ in revenue.

  • FPO directors want to digitize information contained in their registers so they have easy access to certain queries / analytics to manage their biz (total intent, advanced payments received, etc.) and share information with shareholders which is currently difficult for them to do

  • FPO is seeking working capital to scale nursery operations; previously the FPO was wary of taking on any debt so this is an important development that shows growing confidence / maturity / commercial sensibility

  • FPO feels it has a compelling offer for farmers (soil-less saplings at cheap rate) and can grow is shareholder base (which has been flat at ~500 members for the past few years; they want to grow to 1500 in the near-future)

  • FPO realized cost savings on inputs by aggregating member demand through KDE and purchasing in bulk from larger dealers in Bhubaneswar. Examples:

    • Seeds: 350-400 vs. 550

    • Vermi-compost 72 per kg vs 220

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