Planting teakwood trees

Richard Sampong

Berekum, Ghana

67% repaid

Entrepreneur

Name

Richard Sampong

Member since

December 2014

On-time repayments

186 installments  •  70%

About Me

My name is Richard Sampong, I live in Berekum in the Brong Ahafo Region of Ghana, I reside in Forestry Bungalow with house Number AM/562 A at Berekum, I am first born of Christian families of my parents. I started my Secondary School at Abetifi Technical Institute in the Eastern Region of Ghana. And further at School of Forestry in the Brong Ahafo Region of Ghana. My hobbies are; Music, Football and Reading.

My Business

After completing the school of Forestry, I am now a Forester in Berekum Municipality in Brong Ahafo Region of Ghana. I have been able to cultivate about five (5) Hectares of Teak Plantation at Berekum. The teak stands are about eleven (11) years old, and it’s ready for thinning. Now the demand for teak is high for export. The price of teak per cubic metre is also high and now it has become a lucrative business. As we all known teak has got various benefits. These include (1) global warming (2) check erosion (3) Oxygen and carbon dioxide (4) wood by product e.g. furniture, panels, T’n’G, and etc.

Loan Proposal

Because of the various benefit of in the teak product, I would like to expand the teak plantation, but my capital is woefully in adequate for the expansion. So I want Zidisha to come to my aid so as to expand the teak business. I can pay this loan with my monthly salary, or even the income of the sale of the teak. And I will not hesitate to pay any loan Zidisha will disburse to me irrespective of any amount. Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$773.00

Date disbursed

Jan 14, 2016

Repayment status

Late

Projected term

32 months

Lenders

Hope2012

United Kingdom

MindMuse

Talking Rock, United States

JimVandegriff

Trinidad, California, United States

pentatonicscale

Niiza-shi, Japan

F

fredrikahl

Stockholm, Sweden

Generaal

Antwerp, Belgium

R

RJonR

United States

D

DandS

United States

Flipmore

Vancouver, Canada

C

ColoradoSkier

Denver, United States

JonasL

Stockholm, Sweden

F

frenchy

United States

SuperMario28

Cudahy, United States

melissapmeier

United States

Haim Si

Mexico, Mexico

UN

Uwe Neumann

Frankfurt Germany, Denmark

L

Lev

Israel

MW

Matt Willis

United States

K

Kitty

United States

Richard

Shrewsbury, United Kingdom

T

thedan33

Czech Republic

V

Vivek

Arlington, VA, United States

Emma

Australia

wissam

Jeddah, Saudi Arabia

Douglas St Quintin

Sydney, Australia

Rosario von Li

San Jose, Ca, United States

E

Enda

Abu Dhabi, United Arab Emirates

EthicalHost

Toronto, Canada

PD

Provincial Desk Jock

Aberdeen, Scotland, United Kingdom

I

isaac

United Kingdom

MM

Matyas Matyas

Budapest, Romania

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