Check out other loans that are currently fundraising!
Naga Tegal Wangi Group
In this Group: Ni Made, Ni Made, Ni Ketut, Ni Komang, Ni Kadek, Dewa Ayu, Ni Ketut, Ni Kadek, Ni Putu, Ni Kadek
The Naga Tegal Wangi group are to receive their first loan from Kiva partner MUK. The name of the group is inspired by the dragon fruit, which are plentiful in this village (Naga means Dragon, Tegal means Garden and Wangi means Smell Good). The members hope that the group will be strong like a dragon and successful, so “smell good” and inspire other people.
Ni Made, 30, is head of the group. She has three children, all of whom are still in school. Her husband works as a chilli farmer on his own land. To support the household, Ni Made helps her husband in the garden and runs a pig business from her home. She already has two sows and they are both pregnant. This loan will be used to buy feed for the sows and the piglets that will be born soon. Ni Made has a plan to be a piglet seller. She hopes that with the support of MUK, the business will continue to grow and that she will be able to help her husband support their children's education for a better future.

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
  • 73
    View loans »
    Indonesia Loans Fundraising
  • $4,826,525
    Funds lent in using Kiva
  • 9,060.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Naga Tegal Wangi Group's $1,675 loan helped a member to buy feed for her sow and piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 18, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012