This necessity and/or sympathy coupled with her training in marketing techniques and credit management, and experience in the utilization and repayment of previous loans are skills she will maximize in her current investment; retail. Given a loan of $500, Alice plans to buy and be a major supplier of palm oil, koki beans and onions to her community. She plans to repay her loan during the term.
About Grounded and Holistic Approach to People's Empowerment (GHAPE)
This loan is administered by Grounded and Holistic Approach to People's Empowerment (GHAPE), a non-profit non-government organization based in Bamenda, Cameroon. GHAPE takes a multi-faceted approach in working towards the empowerment of the poor and poverty alleviation. Every client is trained in business management, basic health, life skills, financial management, profits and losses, and family values. Clients are also required to contribute a small amount into a personal savings account; most clients save much more than the minimum requirement. GHAPE instills a sense of family and community among its clients and staff and has developed a strong bond of trust between the organization and its clients.
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Success!! The loan was 100% repaid