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I Made
I Made lives with his wife and two children, one eleven years old and the other, six.


I Made has a farm tools rental business and has three tractors. He not only rents the tractors but also hires workers to work on other farmers’ land with them. He is paid for every acre of land his employee works on.


To meet the demand from farmers, I Made is applying for a 10,000,000 IDR loan through MUK to buy a new tractor. With more tractors, he hopes to increase his income, serve more farmers and save for his family’s future.

Additional Information

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.

Tags

About Indonesia

  • $4,458
    Average annual income
  • 47
    View loans »
    Indonesia Loans Fundraising
  • $4,586,850
    Funds lent in using Kiva
  • 11,689.2
    Indonesia Rupiahs (IDR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $875 helped I Made to buy a new tractor.
29% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2014
Listed
Jul 22, 2014
Currency Exchange Loss:
Possible