With this new loan requested, Sirri will buy piglets and feed for them and supplies for akra, a dish made of fried banana and cassava. Sirri holds a positive view of this business succeeding because she has been doing it for a long time and has regular customers who buy her akra early in the morning and the demand for pigs is high. In addition to that, the waste from pigs is used on the farm to get a high yield. With this business activity, the community will benefit from pig waste (manure) which will be used for farming, cassava from the farm as food, and her akra consumed mostly by school children.
With the profit from this loan, she will cater to her family's needs, ensure her children's education, expand her business and also save some money to undertake a bigger business investment. She prefers loans form GHAPE because of low interest rates, convenient repayment schedules and also the members are trained on marketing and management skills before the loans are disbursed. Plus, the social needs of members are met at GHAPE.
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