This second loan was used to support their efforts in raising pigs. In addition to buying the pigs, the remainder of the loan was used to buy feed. This business is very supportive of the families in economic rural communities. Besides their farming, they could do this enterprise simultaneously. MUK, through loans and training, directs members of the group to further enhance their skills in raising pigs so that they leverage their results. For now, there hasn't been a significant improvement that can be seen, but their knowledge of pig farming has been greatly improved with the provision of training by MUK. Pig farming is the main job they can do to improve their economy.
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
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Success!! The loan was 100% repaid