She has faced some challenges in life, such as sickness and a fire that almost resulted in her death. Also, she once lost her money. In addition to all of these problems, she also faces the problem of having no capital to start up a business.
With this loan, she plans to buy fuel wood, potatoes, and bananas for her chips, and tins of oil for the frying of the chips. She believes this activity will succeed because she has been doing this business for a very long period, and the community will provide a ready market for her products and more still. She has a large market due to the ever increasing population and demand for her products. This activity will help the community in that they will have quality wood and chips at good moderate prices.
She plans to use the profits generated from this activity to pay the fees for her children in school and also to cater for their basic needs, such as hospital bills.
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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