Beatrice took her first loan of $30 which she invested in farming. She has proven her worth to receive, invest and repay loans in a total amount of $590. The profit she got from the loans was used to pay for her children’s education. Her community also got a lot from her as she increased the amount of available foodstuffs in the local market.
Given this loan of $500, Beatrice plans to buy manure, fertilizers, planting seeds, and 200 liters of palm oil and 100 liters of groundnut oil for retail.
She plans to repay this loan in a timely fashion.
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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