Check out some available loans that are similar to this one!
Tunas Mekar Asih Group
In this Group: Ni Ketut, Ni Made, Ni Made, Ni Nyoman, Ni Ketut, Ni Ketut, Ni Ketut, Ni Wayan, Ni Ketut, Ni Nyoman, Ni Putu , Ni Kadek, Ni Putu , Ni Ketut, Ni Nengah
Ni Ketut S. is currently the head of the group Tunas Mekar Asih. Ni Ketut S. has four children, all of whom are married. She lives with her husband. After getting her fourth loan of 1,500,000 Indonesian rupiah (IDR), Ni Ketut S. bought 10 piglets at 150,000 IDR per head. S. was ready to buy feed from the sale of pork before. S. is very serious about this business, because with the profits they can meet all their needs. Every day for the kitchen she spends 20,000 IDR and to pay for electricity and water she spends 150,000 IDR per month.

Ni Ketut S. and all the group members of Tunas Mekar Asih really hope that MUK will continue to provide loans until the group can actually be independent.

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
  • 89
    View loans »
    Indonesia Loans Fundraising
  • $5,148,150
    Funds lent in using Kiva
  • 8,710.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Tunas Mekar Asih Group's $2,600 loan helped a member to buy 10 piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 25, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011