Total loan: $275

Fombang Martin

Mbengwi, NW. Province, Northwest, Cameroon / Agriculture

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A loan helped to pay farm rent and labor, and buy seeds, piglets, chicks, feeders, drinkers and vaccines.

Fombang Martin's story

Fombang is married and the father of six children with whom he lives with in an eight bedroom apartment in Bamenda, North West Region of Cameroon. He has faced some challenges in life such as the death of loved ones, predatory lending and sickness.

Fombang joined GHAPE in 2015 and has taken and successfully repaid two loans.

With the new loan requested Fombang plans increase the size of his piggery and poultry by constructing a new style and increase the number of piglets, buy chicks, feed, vaccines, drugs, feeders, buy seeds, rent farmland, pay for labour and lots more. He has a positive attitude that the business will succeed because he already has a mastery of this activity and a ready market He sells at moderate prices to attract more customers and sometimes supplies his products in bulk.

Fombang says his activity will help the community since he will supply piglets to them at moderate prices and thus reduce the distance so they don't have to go to far off areas to buy them, and he will provide manure for farming.

With the profit to be gotten from the loan, he will plough back some into his activities, pay his children’s school fees, and provide basic necessities for the family.

He prefers getting a loan from GHAPE because the repayment schedule is moderate, they have low interest rates he gets business knowledge before receiving loans and there is no collateral.