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Bambu Kuning Group
In this Group: Wahyuni, Nurmah, Nurnaningsih, Ati, Maikhel, Dewi
Nurmah is married with three children. She is pictured in the photo wearing the white headscarf. She has been selling "pecel" (vegetables in peanut sauce), fried snacks, and cakes for the last fifteen years around her neighborhood. So far it's been going well and the income can meet the needs of the home. Her husband is self-employed. Two of their children are in high school. School is important for the children because she herself only attended through elementary school.

As there are no competitors in her neighborhood, she hopes the business can always go smoothly and the profits grow. This is her second loan with VisionFund Indonesia and she will use it to buy more ingredients to grow the business. She wants her family to always have enough income for their day to day living expenses.

The other group members have businesses which include selling lunch boxes of rice, chicken, etc., swimming pool maintenance, making handicrafts, and selling mobile phone minutes.

Additional Information

About VisionFund Indonesia

VisionFund Indonesia is a Christian micro venture capital organization owned by Mitra Masyarakat Sejahtera (MMS) and Wahana Visi Indonesia. Founded in 2000, VFI operates in both Jakarta and Surabaya, the two biggest cities in Indonesia. VFI targets the entrepreneurial poor who have existing microbusinesses for at least 6 months and have no financial access to commercial banks. VFI also provides microinsurance for all clients through a partnership with Allianz insurance company. With nine branches as of 2011, VFI hopes to expand in order to reach underserved microfinance markets in other islands of Indonesia.

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
  • $4,591,375
    Funds lent in using Kiva
  • 8,962.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Bambu Kuning Group's $800 loan helped a member to pay for ingredients to make and sell "pecel" (vegetables in peanut sauce), fried snacks, and cakes.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 11, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 18, 2012