Planting Teak, Harvesting Freshness
Selobanteng village in Situbondo regency, East Java, is known for its lush teak forests. For residents, teak trees are valuable assets and can be used as collateral to obtain delayed felling loans.
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Forest in Selobanteng Village, Banyuglugur District, Situbondo Regency, East Java, Tuesday (29/3/2022).
Decky Suprapto, 38, a resident of Selobanteng village, Banyuglugur district, Situbondo regency, East Java, proudly shows off a row of teak trees on his farmland, Tuesday (29/3/2022). From the 83 teak trees, he has been able to get delayed felling credit (KTT) three times since 2016 with a total value of Rp 32 million (US$2,228).
“If at that time the teak was sold, sure, at most it could only be valued at Rp 15 million because it had not been sold for furniture. If they are big now and can be used for furniture, they can sell for hundreds of thousands of rupiah per tree,” said Decky.