With the loan she is now requesting, she plans to farm cassava on a large scale and also pay for labor to hoe the farmland. She also plans to buy piglets and pig feed, as well as produce water fufu (food made out of cassava), which is one of the foods commonly consumed in her area.
She plans to repay her loan in 24 months, and the first installment of repayment shall be made on the fourth month from the date of loan 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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Success!! The loan was 100% repaid