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Sumber Kelapa Group
In this Group: Hasunah, Aminah, Maulida, Busani, Suliti, Amana, Siti, Salamah, Muaswiah, Surati
After succeeding with the last loan, Hasunah and the member of Sumber Kelapa group decided to continue to borrow a loan from MUK with the same loan size. They need the new loan to improve their businesses.

Hasunah’s husband support her to run the bussines. He often help her to work on it. The bussines help the income of their family. Hasunah has a business making hand crafted from wood and coconut shells such as making ashtrays, tablecloths, and wedding gift. The loan is use to purchase raws materials such as wood and coconuts shells. Hasunah had a dream to renovation her house from the profits of her business.

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
  • 49
    View loans »
    Indonesia Loans Fundraising
  • $4,581,075
    Funds lent in using Kiva
  • 9,175.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumber Kelapa Group's $1,100 loan helped a member to purchase raws materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013