I Putu is a builder. He lives with his wife and two children who are still in school. He works on the construction of homes or making home facilities. He has pursued this job for 5 years. In one project, he was assisted by several workers. Currently, he is working on a house and it requires working capital loans to buy raw materials, such as cement, wood, nails and carpentry tools. He hopes that with this loan capital, he can complete the project on time, have customers who are satisfied with his work and be able to save and run this business with his own capital.
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.