A loan of $600 helped to buy coca yams, palm oil, fish, and spices, for cooking meals.

Nfonika Veronica's story

She is married and has four children, one of them below 15 years of age. The family lives in a three-room apartment house in Bamenda, North West Region of Cameroon. She has faced some problems in life, among which are the death of one of her family members, illness, and inadequate capital to start up a business.

She plans to use the loan she requested as follows: Buy coca yams in bags, buy palm oil in tins, buy fish in bulk. Also, part of the loan will be used to invest in all the spices that will be used in cooking the food. She believes that her restaurant business will succeed, because she has being cooking and selling food for a long time. Her existing, regular customers provide an available market for her food. Also, the increasing number of schools in the town of Bamenda greatly act as a market for prepared food, which is another reason to expect the business to succeed. From this restaurant business, the community will be able to consume good-quality, always-ready cooked food. They also will not need to go long distances to buy cooked food.

With the profit from the loan, she will educate her children, pay rent for their home, and provide all the basic needs for her children, like medical care. She prefers GHAPE loans because of low interest rates on loans and the training that is given by GHAPE.

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