Rizal as a Businessman

Rizal as a Businessman 4/18/12

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Business in Dapitan

Fishing Copra Hemp 4/18/12

Rizal’s Business partner

Romeo Carreon

Lime Saturnina and Encouraged manufacturing Hidalgo to engage in  Fishing business  Hemp 

4/18/12

--Fishing-

In a letter to Hidalgo, dated January 19, 1893, he expressed his plan to improve the fishing industry of  Dapitan. the fishing folks, using primitive methods of fishing, were able only to catch small fishes 

He instructed Hidalgo to help him buy a big net for trawl fishing (puklutan)

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to send him two good Calamaba fishermen who could teach4/18/12 the

--HEMP -

The most profitable business venture of Rizal in Dapitan

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He shipped 150 bales of hemp to a foreign firm in Manila

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He purchased hemp in Dapitan at 7 and 4 reales per picul and sold it in Manila at P10 and 4 reales, giving him a profit of P3 per picul. 4/18/12

Letter to Blumentritt In his letter to Blumentritt on July 31, 1894, he said: “To kill time and to help also the people of this town, I have become a merchant. I buy abaca and ship it to Manila. Luck was with me this month. I 4/18/12 made rofit of P2000 in

 To break the Chinese monopoly… 

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Rizal organized on January 1, 1895 the Cooperative Association of  Dapitan Farmers. PURPOSE: to improve the farm products 

obtain better outlets for them

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collect funds for their purchases

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help the producers and workers by establishing a store wherein they can buy prime commodities at moderate prices 4/18/12