Vivian will invest the loan by buying a new bike for her son for a transportation business, clearing her farm for cultivation, and buying seeds to plant. She holds a positive view of this business succeeding because she has been in this business for a long time. These businesses will benefit the community because the bike will help transport people from one place to another and the farming will provide food.
With the profit from the loan, Vivian will continue to educate her children, to cater to her family's needs and invest the rest in her business. 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.
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.
0View loans »
Success!! The loan was 100% repaid