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Reo's Group
In this Group: Reo, Heni, Sri, Dwi, Nurbaeni, Sriyatin
The new "Donan Hulu" group was formed about six months ago. The group members meet and visit each other regularly and discuss their businesses together. Different business from the "Donan Hulu" group include opening a counter selling cell phones and phone calling credit; selling clothes, tissue box covers and traditional Muslim head coverings; selling snacks, selling household items and tools. The group members want to increase the variety and amount of goods they sell with the loan from Kiva.

Reo is the leader of this group. She has a business selling household items and tools. Her husband works as a contractor. Reo has four children, two of whom are in school. With this loan, she wants to purchase other household appliances because her shop has limited types of items right now. She dreams that in the future she can open a fully stocked appliance store in Cilacap town center. She hopes that this loan from Kiva will help develop the businesses of all of the members.

Additional Information

About Yayasan Sosial Bina Sejahtera (YSBS)

Yayasan Sosial Bina Sejahtera (YSBS) is a non-governmental organization that has worked on poverty reduction, food security, gender issues, education, public health, and climate change in Central Java, Indonesia for over 40 years. Kiva lenders can fund tuition loans for students attending YSBS’ maritime academy and senior vocational high school to help them launch their careers, or enterprise loans for rural groups of women participating in the organization’s microfinance program.

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
  • $4,687,800
    Funds lent in using Kiva
  • 9,682.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Reo's Group's $1,150 loan helped a member to purchase household appliances to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013