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Tunas Mekar Asih Group
In this Group: Ni Ketut, Ni Made, Ni Made, Ni Nyoman, Ni Ketut, Ni Ketut, Ni Ketut, Ni Wayan, Ni Ketut, Ni Putu, Ni Ketut*, Ni Nengah
* not pictured
The Tunas Mekar Asih group has had five loans. This loan is again used to support their efforts in breeding pigs. Three members of the group stopped for various reasons: some moved away with their husbands, others already have enough capital so they do not need to borrow any more.

Ni Ketut will use the loan to buy three piglets. Currently the price of piglets is very expensive, 500,000 Rupiah (IDR) per piglet. She and the other members of the Tunas Mekar Asih group hope the loan amount in the next period can be increased so that their businesses can develop. Ni Ketut and the rest of the group members hope this effort will advance their businesses so that they can become independent and not need to borrow any more.

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
  • 53
    View loans »
    Indonesia Loans Fundraising
  • $4,687,800
    Funds lent in using Kiva
  • 8,770.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Tunas Mekar Asih Group's $2,075 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 21, 2011
Listed
Sep 29, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012