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Berawan Salak Permai Group
In this Group: Ni Kadek, Ni Wayan, Ni Komang, Ita Purnama, Ni Nengah, Ni Putu, Ni Nengah, Sayu Putu, Ni Wayan , Ni Nengah
The Berawan Salak Permai group received another loan from MUK for Rp 15,000,000. Each of the 10 members gets Rp 1,500,000. These loans are used to support their efforts at raising pigs.

Ni Kadek used this loan to buy two superior quality piglets for fattening. The price today is Rp 450,000 per piglet. The remainder of the loan was used to buy feed. To reduce the cost of feed, Ni Kadek is feeding with traditional foods made from banana stems and various kinds of leaves. Ni Kadek pursues this effort to support the family economy, particularly the cost of education for her two children.

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
  • 73
    View loans »
    Indonesia Loans Fundraising
  • $4,829,750
    Funds lent in using Kiva
  • 8,840.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Berawan Salak Permai Group's $1,700 loan helped a member to buy two superior quality piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 16, 2011
Listed
Sep 23, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012