“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
Repayment Performance on Kiva
|
|
This Lending Partner |
All Kiva Partners |
|
Start Date On Kiva |
Feb 14, 2007 |
Oct 12, 2005 |
|
Total Loans |
$74,925 |
$1,959,851,975 |
|
Amount of raised Inactive loans |
$0 |
$372,750 |
|
Number of raised Inactive loans |
0 |
341 |
|
Amount of Paying Back Loans |
$0 |
$157,781,285 |
|
Number of Paying Back Loans |
0 |
181,865 |
|
Amount of Ended Loans |
$74,925 |
$1,771,710,075 |
|
Number of Ended Loans |
795 |
2,378,176 |
|
Delinquency Rate |
0.00% |
11.74% |
|
Amount in Arrears |
$0 |
$11,302,177 |
|
Outstanding Portfolio |
$0 |
$96,293,849 |
|
Number of Loans Delinquent |
0 |
50,859 |
|
Default Rate |
0.00% |
1.83% |
|
Amount of Ended Loans Defaulted |
$0 |
$32,353,831 |
|
Number of Ended Loans Defaulted |
0 |
84,926 |
|
Currency Exchange Loss Rate |
0.00% |
0.49% |
|
Amount of Currency Exchange Loss |
$0 |
$12,017,791 |
|
Refund Rate |
0.03% |
0.54% |
|
Amount of Refunded Loans |
$25 |
$10,526,300 |
|
Number of Refunded Loans |
1 |
9,596 |
Loan Characteristics On Kiva
Journaling Performance on Kiva
Borrowing Cost Comparison (based on 2009 data)