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Help Together Group
In this Group: Victoria, Mary, Martha, Annah, Edith
For over 19 years, Victoria K. has been selling fresh fish and charcoal in downtown Monrovia, Liberia. She is 43 years old, married, and has seven children who range in age from 9 to 25 years old. Victoria was only able to attend school through 8th grade because her mother passed away and there was no one else to support her.

Victoria says that because she sells a variety of fresh fish, customers are attracted to her business. She plans to use her 10,000 Liberian dollar (LRD) portion of this 48,000 LRD group loan to buy more fish and charcoal.

Victoria is the leader of this group of five borrowers called "Help Together". In the photo that accompanies this profile, Victoria is in the center of the photo.

About LEAP:
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, this 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.

Join Team LEAP - Liberia lending team on Kiva today: http://www.kiva.org/community/viewTeam?team_id=10019

Additional Information

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.

About Liberia

  • 500
    Average annual income
  • 0
    View loans »
    Liberia Loans Fundraising
  • $3,032,850
    Funds lent in using Kiva
  • 72.5
    Liberia Dollars (LRD) = $1 USD