United Friends Progressive Organization Group

In this Group:
Martin Gaypue, John Karlah, Tony J. Bracewell, Siah M. David

United Friends Progressive Organization is a group of 4 borrowers led by Martin Gaypue, who is 51 years old. He is married with 6 children between the ages of four and 26, and their educational levels range from kindergarten to the 11th grade. He also cares for an orphan. Martin is a high school graduate but could not continue university due to poverty. He and his family live on the 20th Street, Sinkor, a community mixed with poor and middle class Liberians. Martin happens to fall in the poorer part of Sinkor, south of the capital Monrovia, Liberia.

Martin’s business is shoe sales. He buys shoes wholesale and sells them for retail in downtown Monrovia, Liberia. He has been running this business for 25 years and is hoping to improve his business to the highest level possible. Martin started by working as a salesman for his brother but later decided to establish his own business. Since Martin started his business, he always keeps his goods clean and arranged in an ideal location to attract customers, and during transactions he approaches them in a good manner in order to encourage them to always buy from him. Martin needs this loan in order to buy more goods to serve customers. He dreams of giving his children a better education to prepare them for the future to come.





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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