Gede Merta Wijaya -

Status: Paid Back

$500
Loan Request
Disbursed : Jan 21, 2008
Listed: Jan 7, 2008
Funded: Jan 7, 2008
$500
Paid Back
Ended: Mar 7, 2009

About the Country

Country:Indonesia
Avg Annual Income:$4,458
Currency:Indonesia Rupiahs (IDR)
Exchange Rate:9,394.1286 IDR = 1 USD


About the Loan

Location: Melaya, Bali, Indonesia   Repayment Term: 14 months
(more info)
Activity: Pigs   Repayment Schedule: Monthly
Loan Use: To buy piglets and feed expenses

Membeli bibit babi dan biaya pakan

  Currency Exchange Loss: Covered
      Default Protection: Covered
Gede Merta Wijaya is a head of household who is a hard worker, besides having a workshop at his house, Gede Merta also raises pigs. Together with his wife, Ni Kadek Manis Ardani, Gede Merta raises 1 piglets at the back of his home. With an initial capital of Rp 1,000,000 (Translator’s note: 1 US$ fluctuates between Rp9,000-9,500.00), Gede Merta bought 4 piglets, and after raising them for 4 months, the pigs was sold at a price of Rp800,000 to Rp1,000,000/pig, at a nett profit of Rp80,000/pig, after deducting feed expenes. The profit was used to pay for living expenses, also Merta is still repairing his house, which is quite large. His hope is with Dinari's loan Merta could buy more piglets, and the rest for feed expenses.

Translated from Bahasa Indonesia by Gwan Liong Ang, Kiva volunteer.



Gede Merta Wijaya termasuk kepala rumah tangga yang rajin bekerja , disamping membuka usaha bengkel dirumahnya Gede Merta juga memelihara ternak babi . Bersama dengan istrinya, Ni Kadek Manis Ardani, Gede Merta memelihara 1 ekor anak babi dibelakang rumahnya. Dengan modal awal Rp.1.000.000,- Gede Merta membeli 4 bibit babi dan setelah dipelihara selama 4 bulan, babinya laku terjual perekor mencapai harga Rp.800.000,- sampai dengan Rp. 1.000.000,- dan mendapat keuntungan perekor sebesar Rp.80.000,-. Setelah dikurangi biaya pakan . Keuntungan yang diperoleh dipakai utnuk memenuhi kebutuhan hidupnya dan juga Merta masih memeperbaiki rumahnya yang cukup besar . Harapannya dengan pinjaman dari Dinari, Merta akan membeli beberapa bibit babi lagi dan sisanya untuk biaya pakan.


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Helen & Jay
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Rick
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Carol
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Anonymous

Karen
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Journal entries for Gede Merta Wijaya -


Loan has been disbursed
 
Entrepreneur: Gede Merta Wijaya -
Location: Melaya, Bali, Indonesia

Thank you for your loan. It has been disbursed to Gede Merta Wijaya - by DINARI Foundation in Indonesia. We are excited to watch this business grow. Over the next 12 months, DINARI Foundation will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Melaya, Bali, Indonesia
Jan 21, 2008
Comments (1)

Kiva Help Repayment Schedule for Gede Merta Wijaya -

  Expected Repayments Actual Repayments Comments
April 2008 $41.67 $42.00 Repayment Received
May 2008 $41.67 $42.00 Repayment Received
June 2008 $41.67 $42.00 Repayment Received
July 2008 $41.67 $42.00 Repayment Received
August 2008 $41.67 $42.00 Repayment Received
September 2008 $41.67 $42.00 Repayment Received
October 2008 $41.67 $42.00 Repayment Received
November 2008 $41.67 $42.00 Repayment Received
December 2008 $41.67 $42.00 Repayment Received
January 2009 $41.67 $38.67 Repayment Received
February 2009 $41.67 $41.67 Repayment Received
March 2009 $41.63 $41.66 Repayment Received