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Anggrek Indah 2 Group
In this Group: Dewi, Sutariah, Suwarsih, Yanah, Eka
Dewi is married and lives with her husband and two children. She sells goods from a catalogue including cosmetics, lotions and creams, powder, etc. She has been in this business for two years and has acquired quite a bit of experience that allows her to secure the best clientele and stay ahead of the competition. Her customers prefer her because she always has what they need at affordable prices and besides her customer service is good.

Dewi is working hard to improve her children's living conditions, provide them with the best education, and to help her husband in covering their expenses. She is so excited at getting this loan, because she believes that the new items will make her customers happy.

Dewi is working hard to send her child to a favorite university in her city.

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
  • 66
    View loans »
    Indonesia Loans Fundraising
  • $4,803,750
    Funds lent in using Kiva
  • 9,505.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Anggrek Indah 2 Group's $850 loan helped a member to buy items from a cosmetic catalog including face powder, lipstick and eye shadow.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013