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Jaya Usaha Baluk Group
In this Group: Ni Nengah, Ni Made, Ni Ketut, Ni Luh, Ni Ketut, Ni Kadek, Ni Ketut, Ni Wayan, Ni Ketut, Ni Ketut

Update on Jaya Usaha Baluk Group

Jaya Usaha Baluk group is located in the suburbs. Most of its ten members have trading businesses or raise livestock. One is raising pigs. The group's new loan is for 20,000,000 IDR.

Ni Nengah, head of the group, is using her loan to buy a local sow. She already has a superior sow that is now pregnant. In the next two months it will give birth. She has a plan to become a piglets seller. Ni Nengah hopes this effort will be smooth so that she can realize her dream to make her kitchen more spacious.

Previous Loan Details

Although the group earns enough profit from the last loan, they still need a new loan for their businesses because they have a strong will to become a success at the pig business. The loan will be used to improve their businesses by buying superior piglets or sows. Ni Nengah is using the loan ... More from Jaya Usaha Baluk 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
  • 12
    View loans »
    Indonesia Loans Fundraising
  • $5,461,825
    Funds lent in using Kiva
  • 9,175.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Jaya Usaha Baluk Group's $2,200 loan helped a member to buy a local sow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Apr 20, 2012
Apr 26, 2012
Currency Exchange Loss:
Nov 15, 2012
This photo was used before for a previous loan for Jaya Usaha Baluk Group. It was first posted on Kiva on Oct, 2011. Learn More