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Merpati 9 Group
In this Group: Paisem , Supriatin, Mulyani , Rosmala , Ansar
Mulyani is the group leader of Merpati 9. She is 37 years old and has four children - two of them are twins.

Mulyani sells cooked food in front of her house and it is going well. From her income, she can pay her children's school fees and pay the installment every month. She wants to borrow 2,000,000 IDR that she will use to pay her children's school fees, add capital to her business, and buy a blender. Her dream is to send her children to University.

Mulyani enjoys her business because she can take care of her children and do many things for her household. Mulyani also plans to expand her business, add tables and chairs, and buy a shop window.

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
  • 50
    View loans »
    Indonesia Loans Fundraising
  • $4,475,375
    Funds lent in using Kiva
  • 9,620.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Merpati 9 Group's $1,050 loan helped a member to pay school fees, add capital to her business, and buy a blender.
99% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 18, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2014