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Mertha Sedana Group
In this Group: Ni Ketut, Kadek, Ni Made *, Ni Nengah, Ni Nyoman, Ni Ketut, Ni Nyoman*, Ni Nyoman, Ni Wayan, Ni Made
* not pictured

Update on Mertha Sedana Group

As agreed, the Mertha Sedana Group makes their payment on time. With 10 members, they can make the payment of 30,000,000 IDR together. During the loan period, they manage the pigs well: with instructions from their vet, the group keeps the pigs by giving them nutritious feed and vitamins.

Ni Ketut sell her piglets and earns a net profit of 1,500,000 IDR, after deducting the cost of feed and making her payment. She’s really happy with the profits and has decided to continue her loan to increase her number of pigs. All the profits are used for her family's daily needs, repairing her house and school fees.

After calculating and evaluating the last loan period, the Mertha Sedana Group decided to continue their loan. The loans are used to increase their pig businesses by purchasing new piglets or quality feed. The group received the same loan amount, with each of them receiving 3,000,000 IDR.

Ni Ketut is using her loan to purchase 5 high-quality piglets for fattening. With her own money, she purchased feed and renovated the cage. She plans to sell the pigs closer to the holiday to get a good price. She hopes that her plan is going well. She and the group still need advice and loan support for their business until they are ready and have enough capital to continue the business by themselves.

2 of the members can't attend the meeting because they had to attend a buried corpse (Ngaben) ceremony at the Temple.

Previous Loan Details

With two new members, the Mertha Sedana group is continuing its loan. In addition to developing their business of buying piglets, ther loan was also used to buy pig food and fix the cages. From the previous loan, the group can save for venture capital. The new loan will be used to develop their b... More from Mertha Sedana Group's previous loan »

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.

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
  • 74
    View loans »
    Indonesia Loans Fundraising
  • $5,748,025
    Funds lent in using Kiva
  • 11,618.5
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mertha Sedana Group's $2,600 loan helped a member to purchase 5 high-quality piglets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Apr 16, 2014
Apr 27, 2014
Currency Exchange Loss:
Nov 17, 2014