She was trained in business management, marketing techniques and credit discipline and since then has showed commitment in investing and repaying loans three times.
Given a loan, she plans to buy cloth, thread, electric iron and a sewing machine. She knows her activity will succeed because she has a ready market for her dresses and she has so many customers. She also says members of her community will obtain good dresses at very cheap prices.
She plans to raise money to invest in an additional line of business and buy medicine for the family.
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