“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 $908,588,725
Amount of raised Inactive loans $0 $1,315,925
Number of raised Inactive loans 0 1,282
Amount of Paying Back Loans $0 $137,063,425
Number of Paying Back Loans 0 168,293
Amount of Ended Loans $74,925 $770,209,375
Number of Ended Loans 795 960,618
Delinquency Rate 0.00% 8.85%
Amount in Arrears $0 $7,818,874
Outstanding Portfolio $0 $88,323,046
Number of Loans Delinquent 0 22,733
Default Rate 0.00% 1.35%
Amount of Ended Loans Defaulted $0 $10,382,253
Number of Ended Loans Defaulted 0 29,500
Currency Exchange Loss Rate 0.00% 0.46%
Amount of Currency Exchange Loss $0 $4,145,391
Refund Rate 0.03% 0.64%
Amount of Refunded Loans $25 $5,827,650
Number of Refunded Loans 1 5,888

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 75.01%
Average Loan Size $94 $405
Average Individual Loan Size $94 $636
Average Group Loan Size $0 $1,793
Average number of borrowers per group 0 7.8
Average GDP per capita (PPP) in local country $5,200 $5,917
Average Loan Size / GDP per capita (PPP) 1.81% 6.84%
Average Time to Fund a Loan 0.06 days 6.97 days
Average Dollars Raised Per Day Per Loan $1,507.12 $58.05
  Average Loan Term 12.2 months 11.09 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1 471,351
  Journaling Rate 0.13% 41.75%
  Average Number of Comments Per Journal 0.00 0.05
  Average Number of Recommendations Per Journal 4.00 1.22

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 40.00% PY 26.37% PY
  Profitability (return on assets) N/A 1.8% 0.19%
  Average Loan Size (% of per capita income) N/A 23.00% 18.15%

Country Fast Facts

Field Partner Staff

Tanti Bogor
Shafiq Dhanani
Dina Siregar
MBK Microfinance Staff
Yanti Tangerang