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Jaya Usaha Baluk Group
In this Group: Ni Nengah, Ni Made, Ni Ketut, Ni Luh, Ni Ketut, Ni Kadek, Ni Ketut, Ni Wayan, Ni Ketut, Ni Ketut

Update on Jaya Usaha Baluk Group

The Jaya Usaha Baluk group runs their pig business well. The pigs grow healthy and fat. They give them nutrious feed and vitamins. The group earned a high price when they sold the pigs together to the big buyer. Most of them are satisfied with the result.

Ni Nengah sold all of her pigs. Having support from her husband, she is determined to increase the business to support the income of her family. Becoming one of the sources of her family's income, Ni Nengah requested a new loan to increase the pig business. With full support from her husband, Ni Nengah will use her loan to purchase quality feed and two superior piglets for fattening. The advantage of the business is for saving and using it for capital later. Now with 10 members, the group received a 20.000.000 IDR loan and Ni Nengah received 2.000.000 IDR. She hopes the plan runs smoothly and she can ears more profit.

Previous Loan Details

Because the price of pig feed is high, the Jaya Usaha Baluk group has requested a loan to cover its costs. Each member will receive two million Indonesian rupiah (IDR). The loan will be used to buy superior quality piglets and feed. At the time the funds are to be distributed in the field, all me... More from Jaya Usaha Baluk 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
  • 18
    View loans »
    Indonesia Loans Fundraising
  • $5,293,200
    Funds lent in using Kiva
  • 11,488.6
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Jaya Usaha Baluk Group's $1,750 loan helped a member to buy two superior piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Apr 16, 2014
Apr 24, 2014
Currency Exchange Loss:
Nov 17, 2014
This photo was used before for a previous loan for Jaya Usaha Baluk Group. It was first posted on Kiva on Oct, 2013. Learn More