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Satria 1 Group
In this Group: Koasiah, Asmi, Juhaerani, Marmun, Nurhayani, Jumyati
Satria 1 is a group of six people whose members live in the same village. Some of them have the same business, and the other is different. The group's leader, Kosiah, is 49 years old and married.

Kosiah sells cooked food near her house. She has run this business since last year, and it is still running well. There are many competitors around her business, but she already has own customers.

Kosiah and the other members of the Satria 1 group are requesting financial support from VisionFund Indonesia for the third time so that they can increase their working capital. Kosiah will use this loan to buy chicken, fish, eggs and rice.

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
  • 45
    View loans »
    Indonesia Loans Fundraising
  • $4,581,075
    Funds lent in using Kiva
  • 9,615.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Satria 1 Group's $1,700 loan helped a member to buy chicken, fish, eggs and rice.
96% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2014