Check out some available loans that are similar to this one!
Ridho Slow Group
In this Group: Isti, Siti, Maisaroh, Munawaroh, Jamaludin
This group, called "Ridho Slow", is on its second loan cycle. Through efforts and continuous work, the women are improving their financial situation but, at the same time, they are aware that their efforts and work must continue.

One member of the group, Munawarah, does that by buying and selling newspapers, magazines, children magazines, women's magazines, and tabloids. She is already married with Ahmad, who helps her to deliver the newspapers and magazines to the customer. Munawarah is a hard-working person and knows that, through her work, she can increase her income and keep growing. Every day she can sell 100 newspapers, and can sell 5 magazines every week. Munawarah has plans to expand her business into a new place where there are no competitors. She has dreams of sending her child to the state academy.

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

  • $5,200
    Average annual income
  • 93
    View loans »
    Indonesia Loans Fundraising
  • $5,142,500
    Funds lent in using Kiva
  • 9,704.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Ridho Slow Group's $1,050 loan helped a member to buy national newspapers and some types of magazines, women's magazines, and some tabloids.
95% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 22, 2014