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Aris Setya Wiguna Group
In this Group: I Putu , I Made , I Ketut , I Putu Nengah , I Ketut , I Ketut , I Gede , I Komang , I Nengah , I Ketut
Aris Setia Wiguna is a group who work at carving in the Balinese style. There are 10 members of the group, all of whom work as professional sculptors using teak wood as their primary raw material. In addition to teak, the group also uses sand. The teak wood is used to make doors, windows, temples etc, as well as for custom-ordered carved motifs.

The Aris Setia Wiguna group is coordinated by the group chairman I. Putu R., secretary I. Made A. and treasurer I.Ketut S.. This group requested additional capital for business purposes in the amount of Rp.20.000.000. Capital is managed jointly for the purpose of business and is used to purchase raw materials such as teak wood, sand, cement and tools. The work is done according with the tasks assigned by the head of the group.

According to chairman Putu R., one set of doors and windows can sell for Rp.10.000.000 and the price could reach up to Rp.12.000.000. A net profit of between Rp.1.000.000 - Rp.2.000.000 can be made on this item. In addition to their weekly salary, each member also earns extra money after the project work is completed.

This loan will help the workers meet their daily necessities of life.

Additional Information

About Koperasi Mitra Usaha Kecil (MUK)

This loan is serviced by Koperasi Mitra Usaha Kecil (MUK), a microfinance cooperative headquartered in West Bali, Indonesia. MUK’s mission is to provide chronically poor people in Bali with opportunities to improve their lives, while raising social awareness of economic and environmental issues.
Most MUK clients live in rural settings on less than $1.25 per day. MUK’s financial products are targeted to clients’ productive activities including small businesses, farming, and livestock rearing. MUK supports clients with training in household budgeting, livestock rearing, and small business management.
MUK provides services to clients of all races and religions. For more information about MUK, please visit its partner page. Also, consider joining MUK’s Kiva lending team, Friends of Mitra Usaha Kecil.

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 Indonesia

  • $5,200
    Average annual income
  • 12
    View loans »
    Indonesia Loans Fundraising
  • $5,460,425
    Funds lent in using Kiva
  • 9,395.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Aris Setya Wiguna Group's $2,150 loan helped a member to buy teak wood and materials for furniture making projects.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jan 28, 2010
Jan 29, 2010
Currency Exchange Loss:
Feb 15, 2011