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Flamboyan Ii Group
In this Group: Yunita, Suyati, Turiyah, Tugiyah*, Lita, Sutiyah, Tukiyati, Ummi, Jamilah, Murdiyah, Suriyah, Cici, Vivi, Susanti
* not pictured
Flamboyan II has completed the first cycle of the Kiva loan program. All went smoothly and well. They have repaid the loan properly. Their efforts are increasingly better. These loans are very useful for the welfare of their families. However, there is sad news from this group, Ms. Nurul, the leader of this group, died some time ago, specifically in February. This group has deep sadness because they lost a good leader. Currently, the group is led by a young mother named Yunita, who replaced Ms. Nurul. The loans in this cycle will be used by members to add to the types of food and buy equipment to replace equipment that has been damaged.

Yunita, the new leader of this group, is very unusual with her youthful spirit. She is very excited to support the members to add any type of business. She has a snacks business selling arem-arem and Klepon. She also opened hawker stalls at a school near her house. The benefits of this loan from Kiva are very meaningful to Yunita's life because she still has two children whose education costs a lot. Yunita hopes that this loan can help her to add to the types of food she sells and increase the stall. Yunita also hopes this loan can improve the welfare of each member of the group and her family.

Additional Information

About Yayasan Sosial Bina Sejahtera (YSBS)

Yayasan Sosial Bina Sejahtera (YSBS) is a non-governmental organization that has worked on poverty reduction, food security, gender issues, education, public health, and climate change in Central Java, Indonesia for over 40 years. Kiva lenders can fund tuition loans for students attending YSBS’ maritime academy and senior vocational high school to help them launch their careers, or enterprise loans for rural groups of women participating in the organization’s microfinance program.

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.

Tags

About Indonesia

  • $5,200
    Average annual income
  • 25
    View loans »
    Indonesia Loans Fundraising
  • $5,199,250
    Funds lent in using Kiva
  • 11,917.8
    Indonesia Rupiahs (IDR) = $1 USD