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Awen Indah Group
In this Group: Ni Komang, Sayu Komang, Ni Ketut, Ni Putu, Ni Kade, Ni Ketut, Ni Wayan, Ni Nyoman, Ni Nengah

Update on Awen Indah Group

The Awen Indah group received another loan from MUK. There are nine members and each member gets 1.5M IDR. These loans are used to support their pig businesses.

Ni Komang used this loan to buy a superior quality sow. She has a plan to become a piglet seller. She already has a local sow and the piglets are used for pig barbeque. The price today is Rp 450.000 per piglet. To reduce the cost of feed, Ni Komang is feeding with traditional feed made from banana stems and various kinds of leaves. Ni Komang pursues this effort to support the family's economy.

Previous Loan Details

Awen Indah group received a second loan of Rp 13,500,000. Nothing has changed in the membership and composition of the board. The loan in this period is used to buy piglets and sows. Ni Komang, head of the group, is using part of the loan to buy two piglets and the rest to fix the cage. She pl... More from Awen Indah Group's previous loan »

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.

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
  • 83
    View loans »
    Indonesia Loans Fundraising
  • $5,151,500
    Funds lent in using Kiva
  • 9,175.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Awen Indah Group's $1,475 loan helped a member to buy a superior quality sow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 20, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012
This photo was used before for a previous loan for Awen Indah Group. It was first posted on Kiva on Oct, 2011. Learn More