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Sumber Rahayu Group
In this Group: Ni Luh, Ni Wayan, Ni Nengah, Ni Made, Ni Made, Ketut, Ni Kadek, Ni Ketut, Kadek, Ni Ketut
Sumber Rahayu group is located in the village of Pejarakan, North Bali. This area has very low rainfall, so this dry season a lot of the farmers' produce was not optimal. Seeing this situation, the Sumber Rahayu group which consists of 10 women, took the initiative to raise pigs in an effort to support the family economy.

Ni Luh, head of the group, 34 years old, has two children. She will uses the loan to buy three piglets to be sold for pork. Pigs are maintained for two months and then are ready for sale. Profits will be used to buy a pig again, so after six months she is ready to make repayment of the loan. She hopes these efforts will help her husband's income, working as a farmer.

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
  • 9,215.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumber Rahayu Group's $1,100 loan helped a member to buy three piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 22, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012