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Mulya Sari Group
In this Group: Ni Ketut, Ida Ayu Kade, Ni Luh, Ayu Putu, Ayu Putu, Ni Luh, Ayu Putu, Ayu Putu, Ayu Komang, Ni Made, Ni Ketut, Ni Putu
Mulya Sari Group is a group of women who are located in rural areas and consists of 12 members. Ni Ketut I. W., trusted by the members, became chairman of the group.

Ni Ketut I. W. has been raising pigs since she married 15 years ago because the business can help the family income. Ni Ketut I. W. had four children who are still enrolled in school. Her husband worked as a brick maker, but because his business went bankrupt, her husband finally migrated to Sulawesi, to look for a new source of revenue.

Ni Ketut I. W. proposes to venture into capital loans to buy piglets and feed. This loan will be used to purchase two piglets at Rp. 350,000 per pig and the rest will be used to buy feed. The profits will be used to pay her children's school fees.

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
  • 88
    View loans »
    Indonesia Loans Fundraising
  • $5,148,150
    Funds lent in using Kiva
  • 8,660.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mulya Sari Group's $1,750 loan helped a member to purchase two piglets at Rp. 350,000 each and pig feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011