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Violet Group
In this Group: Herawati , Dasti, Yeni, Rohani, Nasran
Group Leader Herawati, 38, is married and has two children. Her business is selling mineral water to a large number of taxi drivers in the taxi station in Cimanggis, east of Jakarta. She has been working in this business for two years. It is going well for her thanks to the determination she puts into each day. She is a responsible and determined person, and she supports her family by being this way. She is requesting the loan to purchase boxes of mineral water. She dreams of sending her child to university.

The other group members have a variety of business such as selling cooked food, selling cosmetics, and selling vegetables.

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
  • 64
    View loans »
    Indonesia Loans Fundraising
  • $4,482,925
    Funds lent in using Kiva
  • 9,675.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Violet Group's $1,450 loan helped a member to buy boxes of mineral water.
96% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2014