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Jaya Usaha Baluk Group
In this Group: Ni Nengah, Ni Made, Ni Ketut, Ni Luh, Ni Ketut, Ni Kadek, Ni Ketut, Ni Wayan, Ni Ketut, Ni Ketut
Although the group earns enough profit from the last loan, they still need a new loan for their businesses because they have a strong will to become a success at the pig business. The loan will be used to improve their businesses by buying superior piglets or sows.

Ni Nengah is using the loan to buy three superior piglets. She has a plan to raise them to become sows. She wants to become a piglet seller in her village. She hopes MUK and KIVA will always support her and the group, not only for the loan but also for the training.

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
  • 81
    View loans »
    Indonesia Loans Fundraising
  • $5,152,100
    Funds lent in using Kiva
  • 8,877.5
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Jaya Usaha Baluk Group's $1,700 loan helped a member to buy three superior piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 20, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012