Planting teakwood trees

Richard

Berekum, Ghana

67% repaid

Entrepreneur

Name

Richard

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

8

None

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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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Summary

Amount repaid

$502.50

Amount remaining

$251.50

Expected completion

Sep 30, 2018

Status

Repaying late

Installment amount

$5.00

Repayment History

Expected Payments Actual Payments
Jan 24, 2016 $12.50 Jan 25, 2016 $12.50
Jan 31, 2016 $12.50 Jan 31, 2016 $12.50
Feb 7, 2016 $12.50 Feb 14, 2016 $12.50
Feb 14, 2016 $12.50 Feb 14, 2016 $12.50
Feb 21, 2016 $12.50 Feb 14, 2016 $12.50
Feb 28, 2016 $12.50 Feb 14, 2016 $12.50
Mar 6, 2016 $12.50 Mar 13, 2016 $12.50
Mar 13, 2016 $12.50 Mar 13, 2016 $12.50
Mar 20, 2016 $12.50 Mar 20, 2016 $12.50
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $0.00
Apr 17, 2016 $5.00 Apr 17, 2016 $5.00
Apr 24, 2016 $5.00 Apr 17, 2016 $5.00
May 1, 2016 $5.00 Apr 17, 2016 $5.00
May 8, 2016 $5.00 Apr 17, 2016 $5.00
May 15, 2016 $5.00 Apr 17, 2016 $5.00
May 22, 2016 $5.00 Apr 24, 2016 $5.00
May 29, 2016 $5.00 Apr 24, 2016 $5.00
Jun 5, 2016 $5.00 Jun 5, 2016 $5.00
Jun 12, 2016 $5.00 Jun 5, 2016 $5.00
Jun 19, 2016 $5.00 Jun 19, 2016 $5.00
Jun 26, 2016 $5.00 Jun 19, 2016 $5.00
Jul 3, 2016 $5.00 Jun 19, 2016 $5.00
Jul 10, 2016 $5.00 Jun 19, 2016 $5.00
Jul 17, 2016 $5.00 Jun 19, 2016 $5.00
Jul 24, 2016 $5.00 Jun 19, 2016 $5.00
Jul 31, 2016 $5.00 Jun 19, 2016 $5.00
Aug 7, 2016 $5.00 Aug 7, 2016 $5.00
Aug 14, 2016 $5.00 Aug 14, 2016 $5.00
Aug 21, 2016 $5.00 Aug 14, 2016 $5.00
Aug 28, 2016 $5.00 Aug 14, 2016 $5.00
Sep 4, 2016 $5.00 Aug 14, 2016 $5.00
Sep 11, 2016 $5.00 Aug 14, 2016 $5.00
Sep 18, 2016 $5.00 Sep 18, 2016 $5.00
Sep 25, 2016 $5.00 Sep 18, 2016 $5.00
Oct 2, 2016 $5.00 Sep 18, 2016 $5.00
Oct 9, 2016 $5.00 Sep 18, 2016 $5.00
Oct 16, 2016 $5.00 Sep 18, 2016 $5.00
Oct 23, 2016 $5.00 Sep 18, 2016 $5.00
Oct 30, 2016 $5.00 Sep 18, 2016 $5.00
Nov 6, 2016 $5.00 Sep 18, 2016 $5.00
Nov 13, 2016 $5.00 Sep 18, 2016 $5.00
Nov 20, 2016 $5.00 Sep 18, 2016 $5.00
Nov 27, 2016 $5.00 Nov 27, 2016 $5.00
Dec 4, 2016 $5.00 Nov 27, 2016 $5.00
Dec 11, 2016 $5.00 Nov 27, 2016 $5.00
Dec 18, 2016 $5.00 Nov 27, 2016 $5.00
Dec 25, 2016 $5.00 Nov 27, 2016 $5.00
Jan 1, 2017 $5.00 Jan 1, 2017 $5.00
Jan 8, 2017 $5.00 Jan 8, 2017 $5.00
Jan 15, 2017 $5.00 Jan 15, 2017 $5.00
Jan 22, 2017 $5.00 Jan 22, 2017 $5.00
Jan 29, 2017 $5.00 Jan 29, 2017 $5.00
Feb 5, 2017 $5.00 Jan 29, 2017 $5.00
Feb 12, 2017 $5.00 Feb 12, 2017 $5.00
Feb 19, 2017 $5.00 Feb 12, 2017 $5.00
Feb 26, 2017 $5.00 Feb 12, 2017 $5.00
Mar 5, 2017 $5.00 Mar 5, 2017 $5.00
Mar 12, 2017 $5.00 Mar 12, 2017 $5.00
Mar 19, 2017 $5.00 Mar 19, 2017 $5.00
Mar 26, 2017 $5.00 Mar 26, 2017 $5.00
Apr 2, 2017 $5.00 Apr 3, 2017 $5.00
Apr 9, 2017 $5.00 Apr 9, 2017 $5.00
Apr 16, 2017 $5.00 Apr 9, 2017 $5.00
Apr 23, 2017 $5.00 Apr 9, 2017 $5.00
Apr 30, 2017 $5.00 Apr 9, 2017 $5.00
May 7, 2017 $5.00 May 7, 2017 $5.00
May 14, 2017 $5.00 May 7, 2017 $5.00
May 21, 2017 $5.00 May 7, 2017 $5.00
May 28, 2017 $5.00 May 7, 2017 $5.00
Jun 4, 2017 $5.00 May 7, 2017 $5.00
Jun 11, 2017 $5.00 Jun 11, 2017 $5.00
Jun 18, 2017 $5.00 Jun 11, 2017 $5.00
Jun 25, 2017 $5.00 Jun 11, 2017 $5.00
Jul 2, 2017 $5.00 Jun 11, 2017 $5.00
Jul 9, 2017 $5.00 Jun 11, 2017 $5.00
Jul 16, 2017 $5.00 Jul 16, 2017 $5.00
Jul 23, 2017 $5.00 Jul 16, 2017 $5.00
Jul 30, 2017 $5.00 Jul 16, 2017 $5.00
Aug 6, 2017 $5.00 Jul 16, 2017 $5.00
Aug 13, 2017 $5.00 Jul 16, 2017 $5.00
Aug 20, 2017 $5.00 Aug 27, 2017 $5.00
Aug 27, 2017 $5.00 Aug 27, 2017 $5.00
Sep 3, 2017 $5.00 Sep 10, 2017 $5.00
Sep 10, 2017 $5.00 Sep 10, 2017 $5.00
Sep 17, 2017 $5.00 Sep 17, 2017 $5.00
Sep 24, 2017 $5.00 Sep 24, 2017 $5.00
Oct 1, 2017 $5.00 Sep 24, 2017 $5.00
Oct 8, 2017 $5.00 Oct 8, 2017 $5.00
Oct 15, 2017 $5.00
Oct 22, 2017 $5.00
Oct 29, 2017 $5.00
Nov 5, 2017 $5.00
Nov 12, 2017 $5.00
Nov 19, 2017 $5.00
Nov 26, 2017 $5.00
Dec 3, 2017 $5.00
Dec 10, 2017 $5.00
Dec 17, 2017 $5.00
Dec 24, 2017 $5.00
Dec 31, 2017 $5.00
Jan 7, 2018 $5.00
Jan 14, 2018 $5.00
Jan 21, 2018 $5.00
Jan 28, 2018 $5.00
Feb 4, 2018 $5.00
Feb 11, 2018 $5.00
Feb 18, 2018 $5.00
Feb 25, 2018 $5.00
Mar 4, 2018 $5.00
Mar 11, 2018 $5.00
Mar 18, 2018 $5.00
Mar 25, 2018 $5.00
Apr 1, 2018 $5.00
Apr 8, 2018 $5.00
Apr 15, 2018 $5.00
Apr 22, 2018 $5.00
Apr 29, 2018 $5.00
May 6, 2018 $5.00
May 13, 2018 $5.00
May 20, 2018 $5.00
May 27, 2018 $5.00
Jun 3, 2018 $5.00
Jun 10, 2018 $5.00
Jun 17, 2018 $5.00
Jun 24, 2018 $5.00
Jul 1, 2018 $5.00
Jul 8, 2018 $5.00
Jul 15, 2018 $5.00
Jul 22, 2018 $5.00
Jul 29, 2018 $5.00
Aug 5, 2018 $5.00
Aug 12, 2018 $5.00
Aug 19, 2018 $5.00
Aug 26, 2018 $5.00
Sep 2, 2018 $5.00
Sep 9, 2018 $5.00
Sep 16, 2018 $5.00
Sep 23, 2018 $5.00
Sep 30, 2018 $1.50

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