Ophilia Fon will use this newly-requested loan to expand her poultry farm by buying more food items such as rice, beans, maize, sweets, magi and oil. Part of the loan will go to her farm to buy seeds and manure. Ophilia Fon is positive the business will succeed because she has experience and regular customers who always buy from her. She will buy good breed piglets and chicks since she knows where to buy and at reduced prices.
Ophilia Fon will use the profit from this loan to feed the family, to educate the children, to expand the business by buying more piglets and chicks and to build her house. She prefers GHAPE loans because of low interest rates and a well-structured repayment interval.
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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This loan has been fully funded!