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Fear Not Group
In this Group: Ernestina, Barikisu, Ozaria, Fuseina, Auntie, Comfort
Ernestina is 29. She is divorced and has two children; one is in school and the other is still breastfeeding. As a single mother, responsibility for her family rests on her shoulders. For that reason she is serious about her business. She prepares pastries such as meat pies and sells them on the streets. She started selling four years ago and has seen a dramatic improvement in her business. She requests a loan to buy flour, sugar, margarine etc., to produce pastries in larger quantities

Based on her commitment and hard work she was made the group leader of a trust bank group called ‘Fear Not’. She is the one squatting in front 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 for 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
  • 20
    View loans »
    Ghana Loans Fundraising
  • $12,624,300
    Funds lent in using Kiva
  • 1.5
    Ghana Cedis (GHS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fear Not Group's $2,075 loan helped a member to buy margarine, flour, cooking oil and other items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 7, 2009
Jul 20, 2009
Currency Exchange Loss:
May 18, 2010