Dana Kerti Group
Update on Dana Kerti GroupDesak Gede helps support her family and requests a loan to increase her pig business. With full support from her husband, Desak Gede will use her loan to purchase three local piglets for fattening. The local pigs will be sold in two months. The profits from her business pays for school fees. She hopes her children can gets a higher education for a better future. Now with seven members left, the Dana Kerti Group receives 12 million IDR in loans and from that, Desak Gede receives 2 million IDR. She hopes all her plans will run smoothly so she can earn more profit.
Previous Loan DetailsAfter having successfully repaid the previous loan, the Dana Kerti group decided to continue the loan and each is getting 1.5M-2M IDR. The group chose a new head because Jro Ayu resigned. Desak Gede was chosen as the new head. With full support from their husbands because it is considered benefic... More from Dana Kerti 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
93View loans »
Success!! The loan was 100% repaid