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Women Of Substance Group
In this Group: Korpo, Martha, Louise, Linda, Kormassa
Korpo O. is the leader of a group of five borrowers called Women Of Substance. She is 36 years old, married, and has three children, 9, 12 and 15, and also cares for three siblings. She is a college graduate. For 7 years, Korpo has been selling charcoal at the Paynesville Redlight Market on the outskirts of Monrovia, Liberia. She sells good charcoal which keeps customers returning but faces transportation problems. She started selling with funds she got from her parents. She plans to use her 15,000 Liberian dollar portion of this 61,000 Liberian dollar group loan to buy more charcoal. Her goal is to grow her business and improve the living conditions of her family. She describes herself as a quiet but determined business woman.

In the photo, Korpo is holding the sign and Kormassa is inset at the lower right because she was absent during the interview.

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

  • $700
    Average annual income
  • 0
    View loans »
    Liberia Loans Fundraising
  • $3,038,900
    Funds lent in using Kiva
  • 70.0
    Liberia Dollars (LRD) = $1 USD