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Sumber Tanjung Group
In this Group: Ni Ketut, Ni Nyoman, Ni Kadek, Ni Kadek, Ni Ketut, Luh Nik*, Ni Luh, Luh , Luh, Luh
* not pictured
Sumber Tanjung Group is located in a beachside community in North Bali. All the husbands of the members of the group work as fishermen. The Balinese women support their husbands' income by raising pigs at home.
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.

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
  • 104
    View loans »
    Indonesia Loans Fundraising
  • $5,010,400
    Funds lent in using Kiva
  • 8,755.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumber Tanjung Group's $1,725 loan helped a member to buy three piglets of local species.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 21, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012