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Kertha Bakti Group
In this Group: Ni Luh, Ni Made, Ni Wayan, Ni Wayan, Ni Ketut, Ni Ketut, Ni Wayan, Ni Ketut, Ni Wayan, Ni Luh, Ni Luh*, Ni Nengah, Ni Nengah, Ni Ketut, Ni Komang
* not pictured
The Kertha Bakti group is made up of 15 women who are neighbors in the same village in Melaya, West Bali. The group is seeking a loan of 22,500,000 Rupiah (IDR), and each member will receive 1,500,000 IDR. The group was formed out of these women's common interest in raising pigs to supplement family income, and out of their interest in receiving education on best practices for raising pigs. This is their fourth loan with MUK.

Ni Luh is the head of the Kertha Bakti group. She is married and has three children. Her younger son is a toddler and her older son is in school. Her husband earns money as a farmer, but Ni Luh would like to help support her family with her pig raising business. She plans to sell the piglets after five months for others to fatten. With the increase in household income, she hopes to be able to pay school fees.

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

  • $5,200
    Average annual income
  • 88
    View loans »
    Indonesia Loans Fundraising
  • $5,148,150
    Funds lent in using Kiva
  • 8,900.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Kertha Bakti Group's $2,550 loan helped a member to purchase piglets and pig feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 13, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012