With the new loan Nubong will buy food items for her restaurant such as rice, beans, maize and other spices, she will buy farm seedlings for her garden and other articles for her store. She holds a positive view of her business' success because she has a good location, there are ready customers to buy her items and farm output, and she sells at moderate prices.
With the profit from the loan, she will take care of her family's nutrition, medication and the education of her children. She will expand here business in the future and also help needy children in her community; she prefers GHAPE loans because of low interest rates, and the installment repayment intervals.
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