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Sumber Usaha Group
In this Group: Ni Wayan, Ni Nengah, Ni Gusti, Made, Ni Nengah, Ni Nyoman, Ni Nengah, Ni Ketut, Gusti Made

Update on Sumber Usaha Group

The group finally made their payment to MUK on time. We heard many stories from the field. Most of them succeeded in breeding their pigs. The pigs grew well and were free from disease. They sold the pigs for a satisfactory price and the group earned some profit.

Ni Wayan is raising pigs to fatten. She sold the pigs after managing them for five months. She said thank you to all the lenders, Kiva and MUK for the support. Now she can improve her income and support her husband. Ni Wayan has a dream of renewing her house when she has enough profit to do that. That’s why she's saving now.

After successfully paying off the last loan, they proceeded to the next period with the purpose of improving their businesses. One member already successfully manages her pig business and is continuing with her own money, so she was replaced by a new member. Ni Wayan, head of the group, coordinated the purchase of piglets so that all members got good piglets. With the loan, she bought three of the local species of piglets for pig barbeque ("Babi Guling" in Bahasa), which are sold after two months. From the results of this effort, she hopes to buy floors for her home since the floors are still cement.

Previous Loan Details

Sumber Usaha group gets their new loan from MUK. Now there are 9 members, as one member resigned from the group because she move to another village, far away from her village now. (One member couldn’t attend the meeting because of illness.) The group's new loan request is 18M IDR. The loan will ... More from Sumber Usaha 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

  • $4,458
    Average annual income
  • 49
    View loans »
    Indonesia Loans Fundraising
  • $4,592,300
    Funds lent in using Kiva
  • 11,564.1
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sumber Usaha Group's $1,575 loan helped a member to buy three local species piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Apr 22, 2014
Apr 29, 2014
Currency Exchange Loss:
Nov 17, 2014