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Pengayom Indah Group
In this Group: Nurhayati, Omik, Mimin, Erlambang, Meni, Samsiah, Armi, Herma, Nova, Inik

Update on Pengayom Indah Group

Now Nurhayati not only sells "Gamis", but she receives orders from her customers. That is why she needs to take a new loan from VisionFund Indonesia to buy clothes ordered by her customers. Since having the loan from VisionFund Indonesia, she and her family keep improving the food and nutrition they give to their children because she has more income, not just the income from her husband.
Before, this group using the leader's name, now they use Pengayom Indah as a group name.

Previous Loan Details

NurhayA. is 26 years old. In 2010 she started to sell "Gamis" clothes on credit. "Gamis" are Moslem clothes. From this business she can help her family's financial situation. Now, she will use a part of her loan to add more "Gamis" clothes with more variation. She believes that in this fastin... More from Pengayom Indah Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 31
    View loans »
    Indonesia Loans Fundraising
  • $5,206,950
    Funds lent in using Kiva
  • 9,045.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Pengayom Indah Group's $2,925 loan helped a member to pay for more clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Apr 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 29, 2012