Sumber Tanjung Group
After successfully paying off their first loans, the group members have proceeded to the next loan cycle with the purpose of improving their businesses. Ni Ketut, head of the group, coordinates the group members in purchasing piglets so that all group members get good ones. With this loan, she bought three local species of piglet, which are sold every two months for pork roll. From the results of this effort, Ni Ketut hopes to buy floors for her home, which are still cement.
In the picture, Ni Ketut is wearing a pink shirt and holding her son.
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
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Success!! The loan was 100% repaid