A loan of $575 helped a member to purchase more fufu and charcoal to sell.

Precious Women Group's story

Oldlady N. is the leader of this group of five borrowers called Precious Women. She is 38 years old and is married with three children aged 2 to 8 years, with educational levels of 1st through 4th grade. She also cares for two siblings.

Oldlady and her family live and work in the Marshall, Elwa, community in Monrovia, Liberia. She was never able to continue her education through 1st grade due to lack of financial support from her parents. In the photo, she is the one holding the sign.

Oldlady’s business is the sales of raw fufu (cassava flour) and charcoal. She buys her goods wholesale from rural Liberia and sells to residents of Marshall in Elwa. She has been running this business for more than ten years and hopes to own a big shop in the near future. Oldlady started by selling with a little fund that was given to her by her husband but has now raised more funds for her family through her business.

Oldlady has a good management system and does not credit her customers. She also has a good manner of approach to her customers in order to encourage them to continue buying from her. She needs this loan to purchase more fufu and charcoal to sell in order to improve her business.

Oldlady dreams of building a house for herself and her family.

About LEAP:
The Local Enterprise Assistance Program (LEAP) is Liberia's largest and oldest continuously operating micro-finance institution with thirteen 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.

In this group: Oldlady, Martha, Mary, Martha, Tupee

Loan details

Lenders and lending teams

Loan details