With the loan he has recently applied for, Jonas intends to buy more palm trees and invest in an oil-milling machine and one for milling cassava. As well as making tasty palm wine, the trees are used to produce (unrefined) palm oil, which is a deep orange colour and rich in flavour and nutrients. It is the most important oil used in Cameroonian cooking and forms the basis of many dishes.
Jonas says he will use his experience to build a successful business and plans to hire at least two workers over the coming year.
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