Seruni Cwg Group
Now, she plans to use her part of the loan to buy more tools and products for hair beauty in her salon. She hopes in the future she can expand her beauty salon and keep increasing her savings to give a better education to her children.
Other group members plan to use their part of the loan to support their business selling food.
About VisionFund IndonesiaVisionFund 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.
This is a Group Loan
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Success!! The loan was 100% repaid