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Jatisari 3 Group
In this Group: Armina, Minta, Nurhayati, Muhadjir
Muhadjir, 42, is married to Inah and blessed with two children. He lives in Kalisari in the East of Jakarta. Every day Muhadjir sells "Bubur Ayam" near his house. Bubur Ayam is a traditional food from Indonesia that usually eaten in the morning. Bubur Ayam is porridge cooked with coconut milk, pepper, nutmeg, coriander, and chicken slices. He has been in this business for 10 years. Every day he sells in the morning from 6:30 to 9:30 am, and in the afternoon from 2:30 pm - to 7:00 pm. He often faces the problem high rice prices and in rainy season he can't sell Bubur ayam because he can't use his cart. His dream is to have a restaurant and his own house.

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
  • 78
    View loans »
    Indonesia Loans Fundraising
  • $4,818,250
    Funds lent in using Kiva
  • 9,488.5
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Jatisari 3 Group's $1,175 loan helped a member to buy 4 liters of rice, 4 liters of coconut milk, fish and meat.
95% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 23, 2014