A loan of $375 helped a member to buy more medicine.

New Foundation Business Group's story

T. H. is the leader of the group of five borrowers called New Foundation Business. He is 42 years old, married, and has four children who range from 12 to 21 years old. He is a bachelor degree holder.

For 10 years, T. has been running his medicine store at the Jacob Town and GSA road intersection in Paynesville. He sells standard drugs and talks to customers in a friendly manner, which keeps customers returning.

T. plans to use his 6,000 Liberian dollar portion of this 26,000 Liberian dollar group loan to buy more medicine. His goal is to own more medicine stores and live an improved life.

In the photo that accompanies this profile, T. is inset at lower left.

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.

In this group: Tamba, Elizabeth, Jesse, Sio, Garmai

Loan details

Lenders and lending teams

Loan details