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| Ina Nisa selling her vegetables at Baturiti Kadus House |
This month
one of the members of the Baturiti Savings and Loans groups took a 2,500,000Rp loan to invest in her business. Ina Nisa travels to the Sangkol market, 20-30 minutes bus ride, to buy fresh vegetables and then sell them door to door in the Kuta area.
This loan
was to be invested in her travel expenses so she could increase the number of
times she goes to the market and therefore slowly expand her business. For
perspective, the minimum wage per month in NTB province in 2011 was of
950,000Rp, while the average monthly salary was of 1,347,119Rp (Source: Indonesia BPS Statistics). This
means that Ina Nisa has managed to obtain a loan that is almost 2 times the
average monthly salary of an employee in the NTB province.
This has been
possible thanks to the KAF commnunity savings and loans methodology that we started 10
months ago in the area, which enables women to help each other with small loans, without the need to
depend on external funds.
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