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Alice
She is married and has five children, and they live in a five bedroom apartment in Bamenda, Mezam division North West Region of Cameroon. She has faced so many challenges in life -- including sickness of family members, and the deaths of her mother and her father, who were so supportive of her -- that she became frustrated with the ways of life.

She joined GHAPE in the year 2010, and has successfully managed and repaid GHAPE loans twice before. Given a new loan, she will expand her pig farm by buying more piglets and pig feed, and also she will expand her restaurant business by buying cooking ingredients, like rice, oil, beans and maize, which will facilitate the proper functioning of her restaurant.

She believes that her businesses will succeed, because she has regular customers who frequently buy from her. She has a good business site for the restaurant, which together with the quality food she serves, attracts more customers. From this activity the community will benefit, having a regular food supply at moderate prices. The pig droppings will serve as fertilizer for the community's crop land, for which there is high demand, and it will greatly increase farm productivity.

With the profit from this loan, she will educate her children and provide basic necessities. She will also plough back profit into the businesses. She prefers a loan from GHAPE because of low interest rates, the management and marketing techniques thought by GHAPE staff.

Additional Information

Important Information


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.

About Cameroon

  • $2,400
    Average annual income
  • 0
    View loans »
    Cameroon Loans Fundraising
  • $1,184,725
    Funds lent in using Kiva
  • 511.6
    Communauté Financière Africaine Francs BEAC (XAF) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Alice to buy piglets and feed for her pig farm, and to buy cooking ingredients for her restaurant, like rice, oil, beans and maize.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 21, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014