With the new loan requested, she will buy and sell palm oil, maize, beans and groundnuts. She holds a positive view of this business succeeding because she has regular customers who buy from her both wholesale and retail. Loh Martou has a good business site and high demand in her area of residence. With this business activity, the community will benefit because food items will always be available, she will sell to them at reduced prices, and she will ensure a regular supply to her customers.
With the profit from this loan, she will cater to her family's needs and ensure her children are educated. She prefers a GHAPE loan because of low interest rates, convenient repayment schedules and also the members are trained on marketing and management skills before the loans are disbursed.
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