16. Objectives of the Kapruka Society

The objectives of every Kapruka Society registered under this Act, shall be :—

to create and foster understanding among its members and to cooperate to obtain maximum benefits for their produce ;

to inculcate and promote thrift among and uplift the economic and social status of its members ;

to assist coconut smallholders to increase the coconut production and agricultural productivity of their small holdings and to increase the profits from their coconut smallholdings by the use of relevant scientific technology ;

to promote suitable investments related to the coconut industry ;

to acquire, develop or establish coconut processing units, factories and other facilities required for the manufacture of the produce of its members ;

to provide financial and other assistance to its members;

to facilitate the production of value added coconut based products;

to promote and develop the marketing of produce of such coconut processing units and factories; and

to take such measures as may be necessary for the improvement and well being of its members.