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Nuri 3 Group
In this Group: Elon, Rahmad, Marni, Darmawati, Supi
Supi lives with her husband, Supardi, who works as a construction laborer in Jatinegara Village in the east of Jakarta. She is 56 years old and has three children, but they already work. Currently, she is doing her business, which is selling children's snacks in front of her house such as ice, fried snacks and other children's snacks. She has already run this business for more than 10 years.

She is requesting this loan to increase her capital. She will use this loan to buy oil, sugar and children's snacks.

Some of the other members are engaged in businesses such as the sale of belts, household furniture and clothes on credit, and a grocery store.

Supi has plans to expand her business and add goods to her business.

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
  • $4,647,925
    Funds lent in using Kiva
  • 9,675.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Nuri 3 Group's $1,250 loan helped a member to buy oil, sugar and children's snacks.
96% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 21, 2013