I Wayan lives in Ekasari Sari Village. He is 50 years old and married with four children. His job is a driver and he earns an average income per day of Rp 70,000. Besides being a driver, I Wayan also raises pigs with an income per month of Rp 200,000. He applied for a loan of Rp 5,000,000 to maintain his car and purchase two pigs. I Wayan plans to save the profits from his businesses for the future of his children. I Wayan lives with his wife and four children. All four children still attend school. I Wayan spends Rp 50,000 for the cost of food every day. To help with the family income, his wife sells bananas and coconuts at the market.
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.