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Madurasa Group
In this Group: Yaya, Nur, Masad
Yaya, 37 years old, is married to Herwanfiar and blessed with four children; Vega is 15 years old, Jihan is 12 years old, Salsa is seven years old and Raya is three years old.

She has run her general store in front of her house for four years. So far, her business has been running well, and she can get income of 500,000 IDR per week.

Yaya will use this loan to buy rice, soaps, toothpaste, and children's snacks for her general store and for her children's education needs and extracurricular activities. She hopes one day to have a big grocery store in her town.

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
  • 47
    View loans »
    Indonesia Loans Fundraising
  • $4,647,925
    Funds lent in using Kiva
  • 9,637.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Madurasa Group's $950 loan helped a member to buy soap, toothpaste and snacks.
97% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Dec 2, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 1, 2013