Total loan: $375

One Love Group

Red Light, Paynesville, , Liberia / Retail

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A loan helped To purchase additional nails and hammers for resale.

One Love Group's story

Nancy S. is the leader of a group five borrowers called One Love Group. She is 35 years old, married and has no children. She was not able to go to school because her parents died when she was in her youth. Nancy's business is the sale of hardware such as hammers, nails, locks and hinges. She buys her goods from wholesalers and sells retail on a table in the Red Light Market, which is the largest market in Liberia. She has been running this business for a year and hopes to grow her business in the future. She provides high-quality products to her customers in order to encourage them to continue buying from her. Nancy started selling with 75.00 Liberian dollars as working capital, and now operates with 4,000 in working capital. Nancy will use this loan to purchase additional nails and hammers for resale. She dreams of always being able to help her family when they need her. In the photo that accompanies this profile, Nancy is the one holding the sign. 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, 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.