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Sedana Ayu Group
In this Group: Ni Nengah , Ni Made, Ni Wayan, Ni Nyoman*, Ni Made, Ni Luh Putu
* not pictured

Update on Sedana Ayu Group

The Sedana Ayu Group receives their new loan with a change in composition of one member. One member resigned for several reasons. There’s a change in the loan size, with a total of six members, the group will receive IDR 15,000,000.

Ni Nengah and her husband work as farmers as well as being pig breeders. Ni Nengah also has side job as a chips-maker. She sells the chips from a small kiosk in her village.

Ni Nengah will use her loan to purchase pig feed and two superior piglets for fattening. With control by the vet and the Loan Officer, she hopes the piglets will not be attacked by disease. To avoid that, she’s already sterilized the barn with chemical spray. The profit from this business will be used to increase the business by purchasing more piglets.

Ni Nengah has two children. Her first child works at the restaurant and the other child is still in school. Ni Nengah spent IDR 25,000 daily for kitchen expenses and IDR 50,000 monthly for electricity.

Previous Loan Details

Having succeeded in the previous period, the Sedana Ayu group is proceeding to the next loan. Based on the assessment of MUK, the group received 17,500,000 IDR for group lending and individual persons got 2,500,000 IDR. Because most have been able to increase the pig populations, the current loan... More from Sedana Ayu Group's previous loan »

Additional Information

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

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 35
    View loans »
    Indonesia Loans Fundraising
  • $5,218,725
    Funds lent in using Kiva
  • 11,193.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sedana Ayu Group's $1,350 loan helped a member to purchase pig feed and two superior piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Oct 18, 2013
Nov 1, 2013
Currency Exchange Loss:
May 17, 2014