Check out some available loans that are similar to this one!
Pangkung Lip-Lip Indah Group
In this Group: Ni Kadek, Ni Luh, Ni Luh, Ni Kadek, Ni Putu, Ni Luh, Ni Ketut, Ni Wayan, Ni Ketut, Ni Kadek , Ni Made, Ni Luh, Ni Made*, Ni Nengah, Ni Wayan
* not pictured
Ni Kadek is 29 years old and lives in Melaya, West Bali. She is married and has two children, aged 10 and eight. Her younger son is in second year in elementary school and her older son is in fourth year in elementary school. Her husband works as a farmer. Though Ni Kadek often helps her husband, she also raises pigs in her yard to supplement her family’s income. She has been raising pigs for five years.

Ni Kadek is the head of the Pangkung Lip-Lip Indah group, which is made up of 15 neighbors from the same village. This is the group’s third loan with MUK. With the 1.5M IDR that Ni Kadek receives, she will purchase two piglets and pig feed. She plans to sell the piglets after six months for use as meat. With her earnings, she plans to purchase more pigs. With the income from her pig raising, she hopes to be able to expand her business.

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
  • 31
    View loans »
    Indonesia Loans Fundraising
  • $5,203,550
    Funds lent in using Kiva
  • 8,610.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pangkung Lip-Lip Indah Group's $2,625 loan helped a member to purchase two piglets and pig feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 16, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012