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Sari Rasa Group
In this Group: Ni Luh Gede, Endang, Ni Nyoman, Ni Komang , Ni Kadek, Ni Nyoman, Ni Wayan , Ni Wayan, Ni Wayan, Ni Wayan
Bali is one of the attractions visited by foreign tourists and local people. In addition to its beautiful attractions, visitors to Bali can also see the most dominant industry - locals working in the agricultural sector. The people of Bali not only work in the fields, but also raise pigs. In this case, raising pigs is mostly done by the housewife. However, due to constraints, they are not familiar with the best way to raise pigs. To increase their knowledge in animal husbandry, the women agreed to form a group that will be able to exchange information about how to raise pigs in a good and right way. They will also get funding to improve their business.

Ni Luh Gede is a 38-year-old housewife, and is the leader of the Sari Rasa group. To enhance their ability to raise pigs and get capital for their businesses, the group decided to request a loan through MUK. Ni Luh Gede's loan portion will be used to purchase four piglets and feed. The pig will then be ready for re-sale within six months. The benefits of this will be used entirely to support the family.

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.

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
  • 23
    View loans »
    Indonesia Loans Fundraising
  • $6,137,150
    Funds lent in using Kiva
  • 9,929.3
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Sari Rasa Group's $2,025 loan helped a member to purchase four piglets and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 18, 2013
Jun 29, 2013
Currency Exchange Loss:
Jan 17, 2014