I Ketut T. W., 51 years old, has been married almost 30 years. His wife, Ni Nyoman Maria Coa, is a housewife who has a stall business. I Ketut T. W. has four children. The first child is married and the other three children are still living with him. I Ketut T. W. gets a loan from MUK for Rp. 5,000,000 one female cow with a price of Rp. 5,000,000. He plans to breed cattle with an injectable mating system. A cow is pregnant for nine months and gives birth to only one calf. After four months, the calf can be sold for Rp. 2,000,000. In addition to income from gardening, I Ketut T. W. hopes to raise cattle to help alleviate the expenses needed to cover their children's education.
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.