Toast coconut in an 8-to 9-inch frying pan over medium heat, stirring.
Add ingredients to bread machine pan according to manufacturer's directions, adding coconut last.
Select quick-bread cycle.
Remove baked loaf from pan at once. Cool on a rack at least 15 minutes before slicing. Serve hot,warm, or cool.
To make a 2-pound loaf, use 1/2 cup sweetened flaked dried coconut, 1/2 cup milk, 1 large egg, 1/4 cup (1/8 lb.) butter or margarine, 3/4 cup mashed ripe banana, 2 cups all-purpose floor, 1 teaspoon baking powder, 1/2 teaspoon baking soda, 1/2 teaspoon salt, 3/4 cup sugar, and 1/2 cup diced dried papaya.