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Tirta Sari Zone Group
In this Group: Neneng, Nita , Mastuti, Masruroh, Jaliah
Neneng is 38 years old and married with two children. She lives in Kalisari in East Jakarta. Her husband works as a security guard in a milk company. She buys milk from that company and resells it around the neighborhood and to her friends. She's been in this business for two years. Her business is running smoothly and she has a lot of customers.

Neneng has requested a loan of 2,000,000 IDR to purchase milk in various sizes. She hopes from her income she can pay her children's school fees. In the future she hopes she can send her children to University. She stands number one from the right in this photo.

Additional Information

About VisionFund Indonesia

VisionFund 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

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
  • 60
    View loans »
    Indonesia Loans Fundraising
  • $4,491,425
    Funds lent in using Kiva
  • 9,490.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Tirta Sari Zone Group's $950 loan helped a member to pay for milk in various sizes and sell it again.
99% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2012
Listed
Aug 17, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 23, 2014