Cordelia Bih has taken loans and repaid them successfully four times. She says, with this new loan, she will expand her business by buying more second-hand dresses and shoes for her shop and cosmetics like body oil, body lotion, body spray and bathing soap and hair products like mesh, hair oil and hair treatments.
She holds a positive view that her business will succeed because she has been in it for a long period of time and has regular customers who buy from her shop. She also has a good business site, which attracts more customers, and she offers sales at discount prices, which makes many people prefer to buy from her.
With this business activity, the community will buy at reduced prices, and her hair and body treatments will make these community members look fresh and young.
With the profits from her business, Cordelia Bih will support her husband in catering to their children’s basic needs, provide her family with three square meals and make provisions for the unknown.
She prefers loans from Grounded and Holistic Approach for People's Empowerment because of its low interest rates and convenience.
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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