Funded

Total loan: $575
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God Mercy Group

Liberia
Monrovia South, Liberia / Fruits & Vegetables

A loan of $575 helped a member to buy more sugar cane to increase her stock.


God Mercy Group's story

Alice C. is the leader of the group of five borrowers called 'God Mercy'. She is 44 years old, married, and has three children who range from 6 to 17 years old. Alice was able to attend school through high school.

For 10 years, Alice has been involved with the sale of sugar cane, buying in bulk and selling retail. Her business is located in Wroto Town on the outskirts of Monrovia. She started by selling kerosene with funds from her husband. Alice is challenged by the lack of sufficient funds to purchase enough produce for sale. She explained that customers are attracted to her business because she offers lower prices.

Alice plans to use her 8,000 Liberian dollar portion of this 40,000 Liberian dollar group loan to buy more sugar cane to increase her stock. Her dream is to buy a land, build a house and increase her business from selling on a market table to a large shop.

In the photo that accompanies this profile, Alice 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.

In this group: Alice, Emmanuel, David, Mamie, Julie
*not pictured



Loan details

Loan length:

6 months
Disbursed date: April 8, 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:

6 months
Disbursed date: April 8, 2010
Facilitated by Field Partner: Local Enterprise Assistance Program (LEAP), a partner of World Hope International and World Relief