• 16/04/21

Microfinance in 2021: Women-Led Business at the Forefront

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This year, KMP’s Microfinance Program has contributed to the development of business from 4 women in Mekartijaya Village. Here are their stories.

Katingan Mentaya Project’s Microfinance Programme is an effort first introduced in 2018 to provide low-income individuals especially women within the project area access to loans safely in order to upstart their business. In late 2018, the Microfinance Program managed to empower 100 businesses in Mekartijaya Village and as of early 2021, the number has since tripled to 300 with over 300 million rupiah circulated to local businesses. This year, KMP’s Microfinance Program has contributed to the development of business from 4 women in Mekartijaya Village. Here are their stories.

Supi

Supi (38) first received a loan from KMP’s Microfinance Program in order to start her home business of owning and organizing a home shop. With the loan received from the program, Supi was able to acquire the capital needed to diversify the products in her shop. As such, Supi’s home shop now not only sells basic commodities, but also snacks and other recreational needs.

Yanti

Yanti (40) first sold school equipment 4 years ago in Mekartijaya Village. Yanti’s shop, as of March 2021, is the only distributor of school supplies in her village. Only recently, Yanti has branched out and diversified her shop by supplying cosmetics as well as women’s needs through the loan given to her by the Microfinance Program.

Kasri

Kasri (52) and her husband first became beneficiaries of the Microfinance Program 3 years ago in order to buy cattle to start their farm. 3 years later, the farm has continued to grow and the family now owns 3 cows.

Linda

Last year, Linda (35) was featured in a publication by KMP as a beneficiary of the Microfinance Program. Recently, KMP visited Linda’s homemade cookie business to monitor its growth. With most activities being centered around the house due to the pandemic, Linda saw an opportunity to utilize the loan given to her to build a signal tower and facilitate a modem along with a long bench in front of her shop for school children, teachers, and village officials. With a cheap fee, the space provided has become a place for villagers alike to study or work. All proceeds from the space are then used as further capital to develop Linda’s shop.

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