Check out some available loans that are similar to this one!
Sari Ayu Group
In this Group: Ni Luh, Ni Kadek, Ni Luh, Ni Wayan, Ni Ketut

Update on Sari Ayu Group

With five members left, the Sari Ayu group continues to borrow from MUK to expand its business. Three of their friends became successful and became motivation for them. They want success and to improve their families' welfare.

The new head of the group is Ni Luh. Ni Luh has two children. The first child is in junior high school and the second is a toddler. Ni Luh is the wife of a government official in her village. Her husband is very supportive of her efforts since they have proven to improve the welfare of their family.

Ni Luh is using the loan to buy a sow worth 1,500,000 IDR. She already has two sows. Cages have been prepared to accommodate the piglets to be born. She has a plan to sell piglets.

Ni Luh hopes her efforts will be as successful as those of her three friends.

Previous Loan Details

The SA. Ayu group have received their new loan, but there’s a change in the group. In this second loan, two of the members resigned and started businesses with their own capital. Ni Nengah, head of the group, will use this loan to purchase a sow. She has plans to sell the piglets to all the pig… More from Sari Ayu 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

  • $4,458
    Average annual income
  • 56
    View loans »
    Indonesia Loans Fundraising
  • $4,478,300
    Funds lent in using Kiva
  • 9,182.5
    Indonesia Rupiahs (IDR) = $1 USD