She encountered some challenges in her life, like the sickness of her child for many years and the death of her mother and her other relatives.
With the loan, she plans to buy bags of fresh corn, bags of garri (a popular West African food made from cassava tubers), fish, tomatoes, Maggi, and salt for cooking. Also, she plans to buy a new variety of seedlings of maize, beans, and yams and also to buy a bag of fertilizer. She believes this activity will succeed because of her longevity in the business. Her business site is located in a strategic place where many people pass by. The high demand for her commodities in the community is a reason for the success of the activity. The community benefits in that many people prefer to buy directly from the farm at cheaper prices rather than go to the market. With the fresh corn from her farm, she will sell some and roast some.
With the profits, she plans to expand her business and improve the living standard of her family by providing them with better education and health care. She prefers a loan from GHAPE because of the convenient repayment period, low interest, and the social education they provide.
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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Success!! The loan was 100% repaid