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Additional Information

More information about this loan

This loan is part of MUK's biogas pilot program, designed to finance construction and installation of biogas digesters that convert livestock waste into fuel for stoves and electricity. These units help farmers save money that they would otherwise spend on energy, and offer sanitary disposal mechanisms for waste. The digestion process also produces organic fertilizers as a byproduct, providing a low-cost alternative to expensive chemical fertilizers. These loans are designed to help farmers repay with the funds they save.

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.

Tags

About Indonesia

  • $5,200
    Average annual income
  • 31
    View loans »
    Indonesia Loans Fundraising
  • $5,208,100
    Funds lent in using Kiva
  • 9,862.4
    Indonesia Rupiahs (IDR) = $1 USD
Paying Back - Delinquent
A loan of $1,525 helped this borrower to build a biogas reactor, purchase piglets and feed, and make new cages.
45% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible