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Merdeka Utara 15 Group
In this Group: Dami, Denni, Buati , Alin
Merdeka Utara 15 is a group of four people whose members live in the same village but have different businesses. The group's leader, Dami, shown here with her hand raised, is a married businesswoman. Dami's husband is a fisherman, who spends three days at a time at sea. Dami and her husband live together with their children and take care of household responsibilities together.

For seven years, Dami has been selling salted fish in the market. She buys the fish in the morning, processes and dries it, and sells it in the afternoon at the market. The rainy season is an obstacle to the fish-drying process.

Dami and the other members of the Merdeka Utara 15 group are requesting financial support from VisionFund Indonesia for the second time to increase their working capital. Dani will use the loan to buy fish and squid. In the future, she hopes to have a smart grandchild and to become an entrepreneur.

Additional Information

About VisionFund Indonesia

VisionFund Indonesia is a Christian micro venture capital organization owned by Mitra Masyarakat Sejahtera (MMS) and Wahana Visi Indonesia. Founded in 2000, VFI operates in both Jakarta and Surabaya, the two biggest cities in Indonesia. VFI targets the entrepreneurial poor who have existing microbusinesses for at least 6 months and have no financial access to commercial banks. VFI also provides microinsurance for all clients through a partnership with Allianz insurance company. With nine branches as of 2011, VFI hopes to expand in order to reach underserved microfinance markets in other islands of Indonesia.

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
  • 76
    View loans »
    Indonesia Loans Fundraising
  • $6,318,525
    Funds lent in using Kiva
  • 9,645.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Merdeka Utara 15 Group's $625 loan helped a member to buy fish for processing and selling.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Dec 13, 2012
Dec 20, 2012
Currency Exchange Loss:
Apr 23, 2014