Check out some available loans that are similar to this one!
Sunanik is 48 years old and lives in Pejarakan, North Bali. She is married and has two children. Her husband works in transportation services. She has a small kiosk in front of her house which sells daily needs for families, such as rice, oil, soap, kitchen needs, etc. She has been in this business for two years.

Sunanik is seeking a loan of 2M IDR from MUK to expand her business. With the loan, she will purchase more snacks to stock in her kiosk and also pay the rent of her house. With her earnings, she hopes to be able to pay school fees for her first child who is already in university now.

Additional Information

More information about this loan

This loan is part of MUK’s effort to reach small business owners in rural areas of Bali in Indonesia. Borrowers often lack collateral to be eligible for working capital loans and are located in areas where access to microfinance is limited. MUK organizes borrowers into groups that cross guarantee one another, allowing them to qualify for a loan. By funding this loan you are providing underserved borrowers with crucial capital to sustain their existing businesses.

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.

About Indonesia

  • $5,200
    Average annual income
  • 52
    View loans »
    Indonesia Loans Fundraising
  • $6,157,950
    Funds lent in using Kiva
  • 9,600.0
    Indonesia Rupiahs (IDR) = $1 USD