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Jembatan Buah 3 Group
In this Group: Dewi, Dede, Widianingsih, Yuni, Endang, Desmawati, Juhanah, Nurlina
Dewi is a mother of two children. Since 2007, she has been selling fish such as goldfish and catfish at traditional market. Her business is going well and she has a lot of customers. This is her second loan with VisionFund Indonesia. She plans to use this loan to add more variety of fish. With the income from her business, she can cover her daily basic needs and she hopes she can have enough savings to send her children to school. Other group members will use their loans to improve their businesses such as selling chicken, selling porridge and selling cell phone minutes refill.

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
  • 9,012.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Jembatan Buah 3 Group's $1,800 loan helped a member to pay for more variety of fish.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 13, 2012
Listed
Feb 6, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012