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Sari Karya Group
In this Group: Ni Ketut, Ni Made*, Ni Putu, Ni Luh, Ni Nengah, Ni Putu, Ni Luh, Ni Luh, Ni Komang, Ni Komang, Ni Ketut, Ni Putu, Ni Komang, Ni Komang, Ni Ketut
* not pictured
Ni Ketut is chairman of the Sari Karya group whose members live in the Village Manistutu. Ni Ketut is a widow with two children. Her husband died of brain cancer. Ni Ketut and all the group's members are able to pay off all their obligations on time.

Currently, the group is applying for loans for the third time. Ni Ketut get the loan of Rp. 1.500.000.- These loans will be used to buy a superior quality pig and the rest to buy feed. Ni Ketut feels there is an increase in her business. After having loan twice from MUK, the profits always increase. This is due to the assistance of MUK in training and marketing information about pigs. She has a dream to open a restaurant business from the pig farming profits.

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

  • $4,458
    Average annual income
  • 102
    View loans »
    Indonesia Loans Fundraising
  • $4,849,400
    Funds lent in using Kiva
  • 8,552.8
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sari Karya Group's $2,650 loan helped a member to buy a superior quality pig and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 12, 2011
Listed
May 24, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011