KOPERASI MITRA USAHA KECIL (Micro Enterprise Partners Cooperative), or MUK, is a microfinance institution on the island of Bali in the country of Indonesia and is the sister organization of long-standing KIVA partner DINARI Foundation. MUK was created in 2009 out of a new Indonesian legal obligation to separate its financial lending operations from the non-profit social programming offered by DINARI Foundation.

MUK provides services to all lower income people throughout Bali, without consideration of race, religion or culture. They assist small businesses and their owners by providing training, business consultation and loans, with the intention of increasing profits thereby enabling the owners to better provide daily needs, education and services for themselves and their families. MUK offers both individual and group “Trust Bank” loans.

MUK Vision and Mission

Mission: To increase public awareness of environmental issues and to provide opportunities for people in chronic poverty to improve their lives.


Vision: A world that is prosperous and free from poverty.


Values: Love, Compassion, Equality, Transparency, Integrity and Credibility.


Commitment: To serve and help the poor.


Strategy: To empower people, create jobs, stimulate small business, and strengthen communities.


Motto: Your partner to success.


DINARI Foundation


In addition to the micro loans offered through MUK, DINARI Foundation offers robust social program covering:


1. Environmental Preservation

2. Community Development

• Improving infrastructure of roads and bridges and supporting building and church renovations

3. Social Services

• Providing support to victims of catastrophes such as the Bali bombings or the Yogyakarta earthquake.

4. Health Program

• Focused on empowering poor women through health training, providing extra food for children under the age of 5, and assisting pregnant or breastfeeding mothers.

5. Animal Husbandry and Agriculture

• This program serves pig and cow breeders in Bali’s Badung and Jembrana regions with business consultation and training to improve business management, loans to increase production and veterinary services as needed.

6. Business Training

• Providing general business consulting and training for a variety of businesses and life skills that are mentioned in the programs above.




MUK is well positioned in the industry within Indonesia and southeast Asia and has partnered with numerous organizations around the world including Tearfund (New Zealand), Opportunity International Australia (OIA), Opportunity International Deutchland (OID), Habitat for Humanity (Jakarta, Indonesia) and HIVOS (Netherlands).

DINARI Foundation is one partner of Opportunity International Network (OIN-Chicago)

September 11, 2011
As part of an ongoing effort to fully migrate risk ratings to our new and enhanced risk rating system, Kiva has conducted a re-assessment of the level of risk posed by this institution.
During this re-assessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff. 
The information gathered during this process, together with the Kiva's new risk rating system and half-star support, has led us to revise MUK's risk rating from 4 to 2.5 stars. The analysts have found that MUK's risk variables, reviewed in the new risk rating model, were most representative of a 2.5-Star rating.
We have prepared a blog post with more information on Kiva's new and enhanced risk rating system, along with a chart showing the relative magnitude of the overall changes for Kiva's portfolio.  To view that, please go here: http://www.kiva.org/updates/kiva/2011/09/07/kiva-risk-ratings-now-with-half-stars.html.
MUK has been informed of our analysts’ findings and their corresponding change in rating.


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Aug 31, 2007 Oct 12, 2005
Total Loans $1,796,650 $590,831,750
Amount of raised Inactive loans $0 $819,825
Number of raised Inactive loans 0 696
Amount of Paying Back Loans $206,400 $116,310,325
Number of Paying Back Loans 149 123,737
Amount of Ended Loans $1,590,250 $473,701,600
Number of Ended Loans 1,783 601,061
Delinquency Rate 0.21% 4.21%
Amount in Arrears $413 $3,160,641
Outstanding Portfolio $197,080 $75,153,836
Number of loanDelinquent 3 14,150
Default Rate 0.09% 1.13%
Amount of Ended Loans Defaulted $1,445 $5,347,284
Amount of Ended Loans $1,590,250 $473,701,600
Number of Ended Loans Defaulted 5 16,817
Currency Exchange Loss Rate 0.78% 0.09%
Amount of Currency Exchange Loss $13,932 $536,853
Refund Rate 0.52% 0.77%
Amount of Refunded Loans $9,375 $4,537,625
Number of Refunded Loans 12 5,064

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 83.05% 74.18%
Average Loan Size $196 $418
Average Individual Loan Size $349 $655
Average Group Loan Size $1,807 $1,828
Average number of borrowers per group 10.4 8
Average GDP per capita (PPP) in local country $4,458 $3,430
Average Loan Size / GDP per capita (PPP) 4.39% 12.20%
Average Time to Fund a Loan 1.07 days 5.6 days
Average Dollars Raised Per Day Per Loan $182.89 $74.74
  Average Loan Term 8.61 months 10.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,714 295,934
  Journaling Rate 67.62% 42.37%
  Average Number of Comments Per Journal 0.12 0.08
  Average Number of Recommendations Per Journal 7.64 1.87

Borrowing Cost Comparison (based on 2012 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 21% PY 40.00% PY 33.27% PY
  Profitability (return on assets) 0.4% 1.8% -1.45%
  Average Loan Size (% of per capita income) 2.80% 23.00% 40.88%

Country Fast Facts

Field Partner Staff

Pak Alit
Zeruya Lesmana
Nyoman Maryani