INTEGRATED PROTECTED AREA CO-MANAGEMENT (IPAC) - BIDS

Table 3.19: Repayment mode in SRF trading (all actors)
Repayment mode No. of respondents %
Repayment in cash (with interest) 59 47.6
Repayment in cash (without interest) 5 4.0
Repayment in goods at market price 20 16.7
Repayment in goods at reduced price 40 33.3
All 124 100.0
Note: Besides, many Mahajans or Aratdars.
Capital structure of SRF activities is presented in Table 3.20. Fixed capital includes value of
land and buildings while working capital includes what is traditionally called Chalan, which
includes expenses such as repair of boats, nets, salary, wage, fuel, transpiration and unofficial
expenses etc. to run day-to-day business. The SRF activities are basically working capital
oriented. Concentrating on such capital, among the actors, Boro Mahajans appear to employ
highest working capital (Tk 512 thousand), followed by Aratdars (Tk 466 thousands),
wholesalers (Tk 396 thousand), retailers (Tk 201 thousands) and so on 57 . The small amount of
dadons received by collectors can be termed as working capital (Tk 4,365). Averaged over all
actors, an actor employs a little more than Tk 169,470 as working capital. On an average, fixed
capital constitutes slightly more than one-fourth (27.4%) and working capital constitutes little
less than three-fourths (72.6%). In other words, SRF activities are more working capital
oriented.
Income structure of actors and costs structure of SRF collection/business activities are addressed
in Chapter 5 (Value Chain Analysis).
Table 3.20: Capital structure associated with SRF actors
Capital structure (Tk)
Actor type Fixed capital Working
capital
Total capital
Dadon
Received (Tk)
Dadon amount as
% of working capital
Collector - 4,365 4,365 4,178 95.72
Faria/Bepari 16,977 40,955 57,932 23,727 57.93
Choto Mahajan 86,766 87,043 173,809 53,170 61.08
Boro Mahajan 217,250 511,500 728,750 180,250 35.24
Aratdar 151,879 466,424 618,303 119,394 25.60
Wholesaler 37,500 396,250 433,750 140,833 35.54
Retailer 15,278 201,389 216,667 106,389 52.83
All 64,,032 169,470 233,503 63,129 37.25
57
Usually, Aratdars buy products against fixed commission, which means that they should not require so much of
capital. That means, at times they also act as Mahajans, offering dadons against some advance purchase. Similarly,
some wholesalers also act as Mahajans and vice versa.
53