Given another loan, she plans to buy second-hand clothes for 100,000 FRS and traditional wear for 50,000 FRS. Her repayments will start from the date of disbursement. Because of the experience she has had in the business, she is sure the business will succeed. Her community will benefit from the business she is doing by having clothes at their disposal to buy, and she will improve the economic standard in her community.
Relindis plans to use the profit from her business to pay her children's school fees and improve the standard of living of her family. She prefers to borrow through GHAPE because of the trust she has in GHAPE, and the method of repayment is convenient.
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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