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.
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.
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