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Amerta Kencana Group
In this Group: Ni Putu, Ni Putu*, Ni Wayan, Ni Putu, Gusi Ayu Ketut, Ni Ketut, Ni Luh, Ni Komang, Ni Putu, Ni Luh
* not pictured
The Amerta Kencana group is a group consisting of 10 members who live in one village and have the same type of business. They raise pigs. This is their second loan. Ni Putu, the head of the group, is taking a loan of Rp 1,500,000 to buy four local species piglets. Right now, she is just keeping piglets, but Ni Putu has plans to buy sows and become a piglet seller. To raise capital, she will save from the sale of her pigs during this period. Currently, the piglets are very expensive (Rp 400,000) because it is difficult to find them. That's because people rarely maintain piglets. It was seen as a good attempt by Ni Putu. She hopes the plan and her efforts will be successful with financial support and guidance from MUK.

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
  • 49
    View loans »
    Indonesia Loans Fundraising
  • $4,581,075
    Funds lent in using Kiva
  • 8,565.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Amerta Kencana Group's $1,775 loan helped a member to buy four piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 8, 2011
Listed
Sep 13, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012