God's Goodness Group
Kebbeh’s business is the sale of rice. She buys rice in large bags and sells it at retail prices by the cup in the Red-light market, which is the biggest market in Paynesville, Liberia. She has been running this business for 18 years and hopes to start importing rice to Liberia in the near future. Kebbeh started her rice-selling business with 500 Liberian Dollars given to her by her mother. She is very friendly and talks to customers in order to encourage them to continue buying from her. Kebbeh needs this loan to add to her capital and improve her business. She dreams of helping her children as much as she can, in order for them to have a good future.
In the photo that accompanies this profile, Kebbeh is the one holding the sign.
The Local Enterprise Assistance Program (LEAP) is Liberia's largest and oldest continuously operating microfinance institution with 13 branches across the country. Founded in 1994, the non-profit organization has survived periods of civil war and severe socio-economic hardship. LEAP seeks to help rebuild post-conflict Liberia through its group and individual loans to micro- and small-scale entrepreneurs, and puts emphasis on lending to women.
Note on LEAP:During routine partner monitoring, Kiva learned that LEAP's delinquency data may be understated due to technical problems with their reporting software. Because this report is key to our analysis of the risk of this partner, delinquency or default rates on loans to this partner may be higher than we expect. For further details, see LEAP’s partner page on Kiva.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid