Entrepreneur
Name
Oppong
Member since
August 2015
On-time repayments
79 installments • 27%
About Me
Oppong Yeboah is my name.I am native of sunyani in the brong ahafo region of Ghana.I started my basic school at methodist M/A basic school in sunyani .After my basic school education i went to sunyani Senior High School in sunyani
After secondary school,i did not get support to continue to the tertiary level even though i passed with good grades.Unfortunately for me my parents were financial poor and my siblings are also in school so they advised me to end my education at the senior school so that they support others.
so after completing senior high school l joined afforestation project of planting of teaks for one years and l came out to cultivate my own teak which is about 10 years now l have cultivated my own teak plantation,,,,now as l speak l have four(4)Hecttares of Teak Plantationat sunyani
My Business
After completing the senior high school l brought my education to an end because my parent were very didnt have money to continue my education to the tertiary level so l joined afforestation project here in sunyani .in this afforestation farming we learn how to cultivate teak tress , now l am a farmer and l have cultivate teak in sunyani Municipality in Brong Ahafo Region of Ghana. I have been able to cultivate about four (4) Hectares of Teak Plantation at sunyani. The teak stands are about about ten(10) 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
I would be much grateful to my lenders if i am granted this loan of $ 100 to invest into my teak plantation.Upon getting this loan i will use this loan to hire laborers to weed my teak plantation and buy additional teak seedlings for the farm. thanks for reading through and your contribution is welcome
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$125.00
Date disbursed
Aug 25, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Bucharest, Romania, Italy
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Summary
Amount repaid
$121.25
Amount remaining
$0.00
Date repaid
Mar 27, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 6, 2015 | $7.50 | Sep 8, 2015 | $7.50 |
| Sep 13, 2015 | $2.50 | Sep 14, 2015 | $2.50 |
| Sep 20, 2015 | $2.50 | Sep 20, 2015 | $2.50 |
| Sep 27, 2015 | $2.50 | Sep 28, 2015 | $2.50 |
| Oct 4, 2015 | $2.50 | Oct 4, 2015 | $2.50 |
| Oct 11, 2015 | $2.50 | Oct 13, 2015 | $2.50 |
| Oct 18, 2015 | $0.00 | ||
| Oct 25, 2015 | $0.00 | ||
| Nov 1, 2015 | $1.25 | Dec 27, 2015 | $1.25 |
| Nov 8, 2015 | $1.25 | Dec 27, 2015 | $1.25 |
| Nov 15, 2015 | $1.25 | Dec 27, 2015 | $1.25 |
| Nov 22, 2015 | $1.25 | Dec 27, 2015 | $1.25 |
| Nov 29, 2015 | $1.25 | Dec 27, 2015 | $1.25 |
| Dec 6, 2015 | $1.25 | Dec 30, 2015 | $1.25 |
| Dec 13, 2015 | $1.25 | Dec 30, 2015 | $1.25 |
| Dec 20, 2015 | $1.25 | Dec 30, 2015 | $1.25 |
| Dec 27, 2015 | $1.25 | Dec 30, 2015 | $1.25 |
| Jan 3, 2016 | $1.25 | Dec 30, 2015 | $1.25 |
| Jan 10, 2016 | $1.25 | Jan 16, 2016 | $1.25 |
| Jan 17, 2016 | $1.25 | Jan 16, 2016 | $1.25 |
| Jan 24, 2016 | $1.25 | Jan 27, 2016 | $1.25 |
| Jan 31, 2016 | $1.25 | Jan 27, 2016 | $1.25 |
| Feb 7, 2016 | $1.25 | Jan 27, 2016 | $1.25 |
| Feb 14, 2016 | $1.25 | Jan 27, 2016 | $1.25 |
| Feb 21, 2016 | $1.25 | Feb 24, 2016 | $1.25 |
| Feb 28, 2016 | $1.25 | Feb 24, 2016 | $1.25 |
| Mar 6, 2016 | $1.25 | Feb 24, 2016 | $1.25 |
| Mar 13, 2016 | $1.25 | Feb 24, 2016 | $1.25 |
| Mar 20, 2016 | $25.00 | Mar 12, 2016 | $25.00 |
| Mar 27, 2016 | $51.25 | Mar 27, 2016 | $51.25 |
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