E. joined GHAPE three years ago and has successfully repaid two loans, both of which she invested in buying goats and pigs and farming of cassava. The profit from these loans has helped to pay school fees and hospital bills and increased the size of her farm.
E. requests a loan to increase the size of her business by buying more pigs and goats and farming more cassava. Her business is going to succeed because there is a ready market for the animals and cassava. Due to her experience in this business, she is well known in her community for raising healthy animals and has a lot of customers who come from far and near.
She plans to repay this loan in 18 months and the first installment repayment begins four months after disbursement.
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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