Check out some available loans that are similar to this one!
Tirta Kusuma Group
In this Group: I Gusti Nyoman, Ni Luh, Ida Bagus, Ni Komang, Ni Nengah, Ni Ketut, I Putu
Housewives in Bali maintain pigs at home to support the family and supplement their husbands' income. This is common for the Balinese people, especially those living in the village. To improve their skills and knowledge, they join a group. In addition to exchanging information, they also get loans because they do not have collateral that can be pledged to banks or other financial institutions to obtain loans. With the pig breeder program from MUK, I Gusti Nyoman of the Tirta Kusuma group feels pig farming could be developed for the welfare of the family.
I Gusti Nyoman is a grandmother with three sons and five grandsons. She just resigned from her job as a public servant at a government institution. She encouraged the women and men in her village to have better life and gain knowledge by joining the pig program from MUK. To improve their ability in terms of raising pigs and getting capital for businesses, they formed a group. I Gusti Nyoman will use the loan to buy two piglets and feed. After a six-month loan period, pigs will be ready to sell. The benefits of this effort will be used to support her family's economy and have some money available for savings.

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.

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
  • 44
    View loans »
    Indonesia Loans Fundraising
  • $4,591,375
    Funds lent in using Kiva
  • 11,986.0
    Indonesia Rupiahs (IDR) = $1 USD