Ni Made Yartini -


Status: Paid Back

$550.00   Loan Request
$550.00   Paid Back

About the Entrepreneur

Name: Ni Made Yartini -
Location: Melaya, Bali, Indonesia
Activity: General Store

About the Loan

Loan Amount: $550.00
Loan Use: To purchase merchandise to diversify inventory
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 19, 2008
Date Disbursed: Mar 4, 2008
Date Funded:Feb 19, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Indonesia
Avg Annual Income:$4,458.00
Currency:Indonesia Rupiahs (IDR)
Exchange Rate:9,269.9119 IDR = 1 USD



Ni Made Yartini’s family lives on a tight budget. Her husband, I Komang Wardana, is currently working as a chauffeur/driver with monthly earnings of Rp. 500,000 (USD equivalent $54). This income is not sufficient for their needs.



Ni Made Yartini has three children; the first is in elementary school, the second is four years old and the third is an infant. Ni Made Yartini has secured the trust of Yayasan Dinari (Kiva partner organization supporting this listing) and in borrowing funds. Over time, she has used the funds to equip her goods stall by buying rice, a variety of light snacks, soaps, detergent and various cakes. With the aforementioned funds she has also purchased a sunglass/eyeglass rack costing Rp 1.500,000 (USD equivalent $163). Almost every day Ni Made Yartini goes shopping in the Negara market to add to her stock of goods as well as to replenish those items that sold. With daily earnings as much as Rp.30,000 – Rp. 50,000 (USD equivalent $3 - $5) she is able to add enough to the family income. Ni Made Yartini is hopeful that she can continue her efforts in this business and expand it.

Translated from Bahasa Indonesia by Aarati, Kiva volunteer.



Kehidupan rumah tangga Ni Made Yartini pas-pasan, suaminya, I Komang Wardana, saat ini bekerja sebagai seorang sopir dengan penghasilan setiap bulan Rp.500.000,- jumlah ini tentulah tidak mencukupi biaya kebutuhan hidup mereka.
Ni Made Yartini mempunyai 3 orang anak,yang pertama sekolah tingkat dasar, yang kedua baru berumur 4 tahun dan yang terakhir masih berumur 6 bulan. Ni Made Yartini mendapat kepercayaan Yayasan Dinari dan memperoleh pinjaman dana. Dengan dana ini Ni Made Yartini pergunakan untuk menambah modal usaha warungnya. Sedikit demi sedikit dipakai untuk melengkapi warung dengan membeli beras, aneka macam makanan ringan , aneka sabun mandi, deterjen dan aneka macam kue. Dengan dana tersebut juga dipakai untuk membeli rak kaca dengan harga Rp.1.500.000,- Hampir setiap hari Ni Made Yartini berbelaja di pasar Negara untuk melengkapi dan menambah barang yang sudah berkurang karena laku terjual. Dengan keuntungan sebesar Rp.30.000 s/d Rp.50.000.- setiap harinya cukup untuk menambah pendapatan keluarga. Ni Made Yartini tetap berharap usaha ini bisa terus berjalan dan juga berkembang menjadi lebih besar lagi.


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Journal entries for Ni Made Yartini -


Loan has been disbursed
 
Entrepreneur: Ni Made Yartini -
Location: Melaya, Bali, Indonesia

Thank you for your loan. It has been disbursed to Ni Made Yartini - by DINARI Foundation in Indonesia. We are excited to watch this business grow. Over the next 12 months, DINARI Foundation will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Melaya, Bali, Indonesia
Mar 4, 2008
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Kiva Help Repayment Schedule for Ni Made Yartini -

  Expected Repayments Actual Repayments Comments
June 2008 $45.83 $46.00 Repayment Received
July 2008 $45.83 $46.00 Repayment Received
August 2008 $45.83 $46.00 Repayment Received
September 2008 $45.83 $46.00 Repayment Received
October 2008 $45.83 $46.00 Repayment Received
November 2008 $45.83 $46.00 Repayment Received
December 2008 $45.83 $46.00 Repayment Received
January 2009 $45.83 $44.67 Repayment Received
February 2009 $45.83 $45.83 Repayment Received
March 2009 $45.83 $45.83 Repayment Received
April 2009 $45.83 $45.83 Repayment Received
May 2009 $45.87 $45.84 Repayment Received