“Mitra Bisnis Keluarga” (MBK) stands for “Family Business Partners”. MBK is a non-bank financial company (NBFC), regulated by the Ministry of Finance and with a venture capital license issued in November 2006. Using the classic Grameen Bank methodology, MBK provides working capital to low-income households in Indonesia in order to raise their family incomes and living standards.

MBK took over the microfinance activities of Ganesha Microfinance Foundation, which operated from 2003 to 2006. During this period Ganesha reached a total of just under 30,000 clients through a network of 15 branches in two rural districts close to Jakarta (Kabupaten Tangerang and Kabupaten Bogor). MBK has been a proud partner of Unitus since December 2006


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Feb 14, 2007 Oct 12, 2005
Total Loans $74,925 $574,164,250
Amount of raised Inactive loans $0 $328,775
Number of raised Inactive loans 0 321
Amount of Paying Back Loans $0 $118,298,925
Number of Paying Back Loans 0 124,025
Amount of Ended Loans $74,925 $455,536,550
Number of Ended Loans 795 580,527
Delinquency Rate 0.00% 3.49%
Amount in Arrears $0 $2,706,475
Outstanding Portfolio $0 $77,516,810
Number of loanDelinquent 0 11,420
Default Rate 0.00% 1.08%
Amount of Ended Loans Defaulted $0 $4,934,954
Amount of Ended Loans $74,925 $455,536,550
Number of Ended Loans Defaulted 0 15,257
Currency Exchange Loss Rate 0.00% 0.07%
Amount of Currency Exchange Loss $0 $406,266
Refund Rate 0.03% 0.78%
Amount of Refunded Loans $25 $4,479,350
Number of Refunded Loans 1 5,008

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 74.23%
Average Loan Size $94 $419
Average Individual Loan Size $94 $657
Average Group Loan Size $0 $1,824
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $4,458 $3,442
Average Loan Size / GDP per capita (PPP) 2.11% 12.16%
Average Time to Fund a Loan 0.06 days 5.51 days
Average Dollars Raised Per Day Per Loan $1,507.12 $75.96
  Average Loan Term 12.2 months 10.24 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1 286,161
  Journaling Rate 0.13% 42.42%
  Average Number of Comments Per Journal 0.00 0.08
  Average Number of Recommendations Per Journal 4.00 1.94

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Portfolio Yield N/A 40.00% 33.61%
  Profitability (return on assets) N/A 1.8% -1.19%
  Average Loan Size (% of per capita income) N/A 23.00% 41.84%

Country Fast Facts

Field Partner Staff

Irmayanti
Tanti Bogor
Shafiq Dhanani
Dina Siregar
MBK Microfinance Staff
Yanti Tangerang