Anwi joined GHAPE in the year 2000 and has taken out and successfully repaid her loans 10 times. With this new loan she will buy foodstuffs like beans, palm oil, corn, groundnuts and salt for resale. To make further profit and as an addition to her business, she will buy and rear piglets and chicks for resale. She thinks her business will succeed because of its longevity. She also has a good business site and the community will benefit from this activity from the animal droppings and also the supply of foodstuff at all times.
The profit from the loan will be used for her child's education, the provision of family needs and to also expand her business. Anwi says that GHAPE loans are preferable because of the low interest with a convenient repayment time.
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