<< All Partners

Indonesia > Family Business Partners/Ganesha (MBK)

Kiva Help Kiva Fundraising Status

Fundraising Status: Active
Kiva Notes: Status Update: MBK temporarily has placed its partnership with Kiva on hold as Kiva develops new administrative features that will strengthen Kiva's internal partnership management systems. MBK - as an organization that focuses on serving the very poor of Indonesia - has been and continues to be an excellent partner for Kiva and its lenders. Kiva is working diligently to create new features that will enhance our ability to more effectively select and monitor future MFI partners, and we look forward to re-establishing our partnership with MBK in the near future.
See all fundraising loans from this field partner >>  

Status Update: MBK temporarily has placed its partnership with Kiva on hold as Kiva develops new administrative features that will strengthen Kiva's internal partnership management systems. MBK - as an organization that focuses on serving the very poor of Indonesia - has been and continues to be an excellent partner for Kiva and its lenders. Kiva is working diligently to create new features that will enhance our ability to more effectively select and monitor future MFI partners, and we look forward to re-establishing our partnership with MBK in the near future.

“Mitra Bisnis Keluarga” (MBK) stands for “Family Business Partners”. MBK is a non-bank financial company (NBFC) regulated by the Ministry of Finance and with a venture capital license issued in November 2006. Using the classic Grameen Bank methodology, MBK provides working capital to low-income households in Indonesia in order to raise their family incomes and living standards.

MBK took over the microfinance activities of Ganesha Microfinance Foundation, which operated from 2003 to 2006. During this period Ganesha reached a total of just under 30,000 clients through a network of 15 branches in two rural districts close to Jakarta (Kabupaten Tangerang and Kabupaten Bogor). MBK has been a proud partner of Unitus since December 2006

MBK Family Business Partners can be contacted via email at communications.officer@mbk-ventura.com


Kiva Help Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Feb 14, 2007 Oct 12, 2005
Total Loans $74,925 $101,929,710
Amount of Raised Inactive Loans $0 $111,475
Number Of Raised Inactive Loans 0 164
Amount of Paying Back Loans $0 $44,703,125
Number Of Paying Back Loans 0 63,327
Amount of Ended Loans $74,925 $57,115,110
Number Of Ended Loans 795 83,635
Delinquency Rate 0.00% 4.28%
Amount of Paying Back Loans Delinquent $0 $1,913,000
Amount of Paying Back Loans $0 $44,703,125
Number of Paying Back Loans Delinquent 0 6,018
Default Rate 0.00% 1.96%
Amount of Ended Loans Defaulted $0 $1,119,957
Amount of Ended Loans $74,925 $57,115,110
Number Of Ended Loans Defaulted 0 3,369
Currency Exchange Loss Rate 0.00% 0.00%
Amount of Currency Exchange Loss $0 $0
Refund Rate 0.03% 1.09%
Amount of Refunded Loans $25 $1,112,375
Number Of Refunded Loans 1 1,446
Updated as of November 21, 2009 12:54 AM

Kiva Help Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Entrepreneurs 100.00% 78.21%
Average Loan Size $94 $403
Average Individual Loan Size $94 $591
Average Group Loan Size $0 $1,494
Average Number Of Entrepreneurs Per Group 0 0
Average GDP Per Capita (PPP) in Local Country $4,458 $3,464
Average Loan Size / GDP Per Capita (PPP) 2.11% 11.65%
Average Time To Fund A Loan 0.06 days 2.27 days
Average Dollars Raised Per Day Per Loan $1,569.30 $177.73
  Average Loan Term 12.20 months 9.31 months
Updated as of November 21, 2009 12:54 AM

Kiva Help Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1 51642
Journal Coverage 0.13% 28.22%
Journal Coverage, Kiva Fellows 0.00% 0.21%
  Journal Frequency (Average Per Loan Per Year) 0.00 0.32
  Average Number Of Recommendations Per Journal 4.00 10.30
Updated as of November 21, 2009 12:54 AM

Kiva Help Borrowing Cost Comparison

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) 41% 41% 35.21%
  Average Loan Size (% of Per Capita Income) 3% 4% 23.43%
  Average Partner Return On Assets N/A -3% 0.24%

Field Partner Staff

Irmayanti
Tanti Bogor
Shafiq Dhanani
Dina Siregar
MBK Microfinance Staff
Yanti Tangerang

Kiva Help Country Fast Facts

Country: Indonesia
Capital: Jakarta
Official Language: Indonesian
Population: 222,781,000
Avg Annual Income: $4,458
Labor Force: agriculture: 43.3% industry: 18% services: 38.7%
Population Below Poverty Line: 17.8%
Literacy Rate: 87.9%
Infant Mortality Rate (per 1000): 34.39 deaths
Life Expectancy: 69.87 years
Currency: Indonesia Rupiahs
Exchange Rate: 9,580.9483 IDR = 1 USD