Check out some available loans that are similar to this one!
Jati Indah Group
In this Group: Ni Wayan, Kadek, Ni Nyoman, Ni Made, Ni Wayan, Ni Made, Ni Luh, Ni Ketut, Ni Nyoman, Ni Ketut
The Jati Indah group is a women's group and has ten members. The group is located at the Jati Luwih village, Middle Bali. This is the second group in this area. The group consists of ten women who have the same business as the pig breeder. Although they already have a main job as vegetable farmers, they run the this business to increase their family income.

Ni Wayan, as the head of the group, coordinated the group to get loans and training from MUK. They need the loan to start the business, and the training in order to improve their knowledge of pig breeding. Ni Wayan will use the loan to purchase four local pigs. She has a plan to save the profits to support her children's education.

Additional Information

More information about this loan

This loan is part of MUK’s effort to reach small business owners in rural areas of Bali in Indonesia. Borrowers often lack collateral to be eligible for working capital loans and are located in areas where access to microfinance is limited. MUK organizes borrowers into groups that cross guarantee one another, allowing them to qualify for a loan. By funding this loan you are providing underserved borrowers with crucial capital to sustain their existing businesses.

About Koperasi Mitra Usaha Kecil (MUK)

This loan is serviced by Koperasi Mitra Usaha Kecil (MUK), a microfinance cooperative headquartered in West Bali, Indonesia. MUK’s mission is to provide chronically poor people in Bali with opportunities to improve their lives, while raising social awareness of economic and environmental issues.
Most MUK clients live in rural settings on less than $1.25 per day. MUK’s financial products are targeted to clients’ productive activities including small businesses, farming, and livestock rearing. MUK supports clients with training in household budgeting, livestock rearing, and small business management.
MUK provides services to clients of all races and religions. For more information about MUK, please visit its partner page. Also, consider joining MUK’s Kiva lending team, Friends of Mitra Usaha Kecil.

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
  • 66
    View loans »
    Indonesia Loans Fundraising
  • $4,799,150
    Funds lent in using Kiva
  • 9,643.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Jati Indah Group's $2,075 loan helped a member to purchase four local pigs.
93% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013