M. Sugiono

Status: Paid Back

$125
Loan Request
Disbursed : May 25, 2008
Listed: May 11, 2008
Funded: May 11, 2008
$125
Paid Back
Ended: Oct 31, 2008

About the Country

Country:Indonesia
Avg Annual Income:$4,458
Currency:Indonesia Rupiahs (IDR)
Exchange Rate:9,215.6423 IDR = 1 USD


About the Loan

Location: Badung, Indonesia   Repayment Term: 7 months
(more info)
Activity: Waste Management   Repayment Schedule: Monthly
Loan Use: To add business capital   Currency Exchange Loss: Covered
      Default Protection: Covered
Sugiono collects and recycles used items. Everyday, he walks around with a cart to look for and buy used items, which are then sold to a recycling hub. He has to meet his household needs and pays for his children's school tuitions. Sugiono is diligent and full of determination despite his small profit. He really hopes that he is given this loan, which he will use to increase his business capital. He has 3 children, two of whom are in middle school and vocational school. He rents a room on Patih Jelantik Street with his family. His room is decent, although its roof is only made of zinc plates and its floor of rough cement.

Translated from Bahasa Indonesia by Joan, Kiva volunteer.



Sugiono sehari-harinya bekerja sebagai pengumpul barang-barang bekas dan rongsokan. Setiap harinya dia harus berjalan keliling untuk mencari dan membeli barang-barang bekas yang kemudian dijual kembali ke tempat pengeumpulan rongsokan. Sarana yang dipakai hanya gerobak dan sepeda dayung. Selain harus memenuhi kebutuhan rumah tangganya, dia juga harus menyekolahkan kedua anaknya. Klien cukup ulet meskipun keuntungan yang didapat tidak terlalu banyak. Dia sangat mengharapkan diberi pinjaman untuk bisa dijadiakn tambahan modal usaha. Saat ini dia sudah memiliki 3 orang anak, 2 diantaranya sudah duduk dibangku SMP dan SMEA. Bertempat tinggal di Jl.Patih Jelantik, dia bersama keluarganya menyewa kamar dengan pembayaran bulanan. Kondisi kamarnya lumayan bagus, tetapi atapnya hanya dari seng dan lantainya dari semen kasar


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Lenders to this entrepreneur

Holli
bellevue, WA
United States

Fred
Woodland, MN
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Journal entries for M. Sugiono


Loan has been disbursed
 
Entrepreneur: M. Sugiono
Location: Badung, Indonesia

Thank you for your loan. It has been disbursed to M. Sugiono by DINARI Foundation in Indonesia. We are excited to watch this business grow. Over the next 5 months, DINARI Foundation will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Ferdinand Paratu from Badung, Indonesia
May 15, 2008
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Kiva Help Repayment Schedule for M. Sugiono

  Expected Repayments Actual Repayments Comments
August 2008 $25.00 $25.00 Repayment Received
September 2008 $25.00 $25.00 Repayment Received
October 2008 $25.00 $25.00 Repayment Received
November 2008 $25.00 $25.00 Repayment Received
December 2008 $25.00 $25.00 Repayment Received