Kucup Mekar Group
Update on Kucup Mekar GroupKucup Mekar group got a loan for the seventh time. There are 17 members and the total loan is 22.1M IDR. One member is not present in the photo because of sickness.
Having been successful with maintaining and fattening pigs, Ni Ketut will use this loan to purchase four types of local pigs for pork roll and maintain them for two months and then sell them. She will use the remainder of the loan to fix the cage to prepare for a new litter from a sow that she already owns.
The price of pig feed is currently very expensive, but she remains optimistic about this business going forward. With all the benefits she gets, she plans to repair her home and also save for capital for the business.
Previous Loan DetailsNi Ketut and the other members of loan group Kucup Mekar will use their loan to purchase piglets and feed and renovate the barn. Ni Ketut will use her loan to purchase two superior piglets for fattening. Ni Ketut and her husband are hard workers. Every day they spent their time at their garden to... More from Kucup Mekar Group's previous loan »
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.
Concurrent and Successive Loans
This is a Group Loan
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