This would be his tenth loan from GHAPE and he has been a member since 1998. Ignatius has been quite successful in the past due to the location of his business, the high demand for his service, his experience in riding, and his maintenance of his bike.
Profits resulting from this loan will be used to take care of his children, buy necessities for the family, and give them good medication whenever they are sick. He will also reinvest profits in his transport business.
He plans to buy a motor bike, pay for the documents, and also pay for fuel. He says that his business will succeed because he has been doing this activity for a very long time and only motor bikes are used in his area because of bad roads. His business will provide transportation for people in his community to travel to the urban centers of Bamenda.
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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