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Sombang Lestari Group
In this Group: Ni Kadek, Luh , Ni Ketut*, Ni Wayan, Ni Ketut, Ni Putu, Ni Luh, Ni Luh*, Ni Ketut, Ni Ketut
* not pictured

Update on Sombang Lestari Group

With the last loan, Ni Kadek managed to get a profit of 200,000 Rupiah (IDR) per month. That gain was very helpful to the family's finances as they are currently experiencing difficult times due to the increasing expenses of the necessities of life.

Ni Kadek and the Sombang Lestari group decided to continue borrowing from MUK since it is especially helpful in developing their piggery businesses. This loan will be used to buy two piglets and pig feed. She hopes this business can support her children's education.

Previous Loan Details

Ni Kadek is 32 years old and lives in the village of Tukadaya with her husband and two children, who are still toddlers. She works as a coconut picker along with her husband, and she is pursuing efforts to establish a pig farm to bring in additional family income. Ni Kadek is chairman of her lo... More from Sombang Lestari Group's previous loan »

Additional Information

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Indonesia

  • $5,200
    Average annual income
  • 83
    View loans »
    Indonesia Loans Fundraising
  • $6,318,525
    Funds lent in using Kiva
  • 8,945.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sombang Lestari Group's $1,350 loan helped a member to buy two piglets for fattening and pig feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Nov 16, 2011
Nov 20, 2011
Currency Exchange Loss:
Jun 15, 2012
This photo was used before for a previous loan for Sombang Lestari Group. It was first posted on Kiva on May, 2011. Learn More