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Pentecost Group
In this Group: Ernestina, Daniel, Thomas, Philomena, Atta, Solomon
Ernestina is 45 years old. She is a divorced woman with three children. All her children are in school. She is a baker who has been using flour for her production for 20 years now. She bakes bread and retails it to her customers. She supplies it by herself in the market center to her customers and people also take bulk delivery of bread from her.

Ernestina's only problem now has to do with adequate funds to buy raw materials as prices are going up. She requests a loan to remain in business. With the loan she believes she can provide for her family and most especially her children's education.

She is the leader of a trust bank group called ‘Pentecost’. She is the one sitting in the middle in the group photograph. Most of the members of this group are petty traders, food vendors and/or farmers. In this group, members guarantee for one another as social collateral to access the loan and peer pressure to repay the loan.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Ghana

  • $3,500
    Average annual income
  • 33
    View loans »
    Ghana Loans Fundraising
  • $11,967,750
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Pentecost Group's $2,000 loan helped a member to buy baking materials like bags of flour, sugar, margarine, yeast and firewood, etc.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 16, 2009
Aug 1, 2009
Currency Exchange Loss:
May 25, 2010