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Putri Mandiri Group
In this Group: Ni Ketut, Gusti Ayu Putu, Ni Kadek, Ni Komang Ayu, Ni Nengah, Jro Made, Ni Putu, Ni Putu, Jro Made, Ni Wayan, Ni Putu , Ni Komang, Ni Luh, Ni Wayan
The Putri Mandiri group resides in Banjar Village, Pancardawa Pendem Village, west Bali. Their goal in joining a group is to facilitate obtaining a loan that will be used to raise pigs and to be trained the right way to raise pigs. Each members gets Rp 1,500,000 to buy piglets. Ni Ketut use the loan to buy four piglets. Now the price of piglets is very expensive. The price per piglet is Rp. 450,000 so the cost of Rp 1,800,000 for the rest have been taken from the last profits. Ni Ketut and all the members of Puteri Mandiri hope the loan can help to increase their businesses.

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
  • 75
    View loans »
    Indonesia Loans Fundraising
  • $4,812,350
    Funds lent in using Kiva
  • 8,522.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Putri Mandiri Group's $2,475 loan helped a member to buy four piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2011
Listed
Jul 26, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012