Funded

Total loan: $1,000
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Adolphus

Liberia
Monrovia South, Liberia / Phone Use Sales

A loan of $1,000 helped to buy mobile phones and prepaid mobile phone cards for resale.


Adolphus's story

Adolphus D. is a high school graduate who sells new mobile phones and prepaid phone cards. He sells from a small stand on a street in busy downtown Monrovia, Liberia's capital. With the 71,000 Liberian dollars from this individual loan from Kiva field partner LEAP, Adolphus plans to buy more unlocked GSM mobile phones to resell.

Adoplhus says he's had the business for three years now, and that business is fairly good, except towards the end of each month when potential customers run low on funds as they await payday. He buys his phones from a Nigerian wholesaler, and says that one day he'd like to be able to import phones from China himself and sell them wholesale.

Adolphus is 32 years old and married. He has two sons, aged 3 and 10. His older son is in the 4th grade. Adolphus also helps to care for his sister.

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.

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



Loan details

Loan length:

10 months
Disbursed date: March 27, 2010
Facilitated by Field Partner: Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: March 27, 2010
Facilitated by Field Partner: Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief