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Sari Karya Group
In this Group: Ni Ketut, Ni Made, Ni Putu, Ni Nengah, Ni Putu, Ni Luh, Ni Luh, Ni Komang, Ni Komang*, Ni Ketut, Ni Putu, Ni Komang, Ni Komang, Ni Ketut
* not pictured

Update on Sari Karya Group

The Sari Karya group is located west of Bali, near Melaya village. This group is borrowing a loan of 22,400,000 IDR and they can pay off on time. The repayment is represented by the head of the group, Ni Ketut.

Ni Ketut shares her story to MUK's Staff that the development of her pigs is running well. Before the loan, she only had one pig and now, because of the loan, she has four piglets and one sow. The sow gave birth to nine healthy piglets. She sold the piglets after two months to pay off the loan. She also set aside savings and fulfilled her family's daily needs. All the member of Sari Karya feel the benefits from this business. They can support their husbands' incomes. The group expects another training from MUK for better knowledge of pig breeding.

After the success with her sows, Ni Ketut continue her business as a piglets seller. Her piglets have good quality because she keeps them well and gives them nutritious feeds and vitamin. She also became an example to other breeders, not only in her group, but also in her village.

With same loan size, she will use her loan to purchase superior quality feed and renovate the cage. Now Ni Ketut and the Sari Karya group hope that they can be independent in terms of capital. She hopes her plan can run smoothly.

Previous Loan Details

Ni Ketut, head of the Sari Karya group, is leading her members to receive their eighth loan. They choose a new Secretary and are continuing the group with 14 members and a total loan of 22,400,000 IDR. Every time the group sell the pigs, they set aside an amount for savings. They hope they can ha... More from Sari Karya 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
  • 34
    View loans »
    Indonesia Loans Fundraising
  • $5,214,900
    Funds lent in using Kiva
  • 11,569.5
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sari Karya Group's $1,950 loan helped a member to purchase superior quality feed and renovate the cage.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
May 13, 2014
May 27, 2014
Currency Exchange Loss:
Dec 17, 2014