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Jasmine Group
In this Group: Dian, Sulastri, Arie, Syai Atu
Dian is the leader of a 4-member loan group called “Jasmine”. The group members live in Susukan, a village in the east near Jakarta. Dian, 41 years old, has three children: Sandra, 18 years old; Arjun, 15 years old; Lira, 12 years old.

Dian has a duck farm behind her house. After two years, she increased her farm, having started with only 20 ducks and now raising almost 100 ducks. Dian enjoys this business because ducks are easily maintained; they leave and come home by themselves.

Dian and her group are requesting financial support from VisionFund Indonesia for the 2nd time so that they can increase their working capital . Dian will use this loan to buy duck food and to repair the coop. Dian's main obstacle in running this business is the rainy season, which produces many caterpillars which the ducks eat, whereupon they get sick and die. Dian dreams of sending her child to the doctor faculty.

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
  • 67
    View loans »
    Indonesia Loans Fundraising
  • $4,799,150
    Funds lent in using Kiva
  • 9,615.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Jasmine Group's $800 loan helped a member to repair the duck coop and to buy duck food.
95% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014