Suyati is a beneficiary of YCAB Cooperative from Jembatan Besi. She is a mother of 8 children and 6 grandchildren. Her work is selling gas in the neighborhood, where the revenue is used to finance her children’s education. Her husband used to work at Telkom (State-owned Enterprise) and has since died. So in 2003 she became the backbone of the family.
From the pension fund of her husband, Suyati only receives IDR 300, 000 – / month. (Around $20). Of course, this income is never enough for her big family. Every day Suyati sells gas in her neighborhood. She has 2 children who are still in school. Besides her gas business, Suyati also runs a laundry business. Every day Suyati is able to sell up to 30 cylinders gas, and do 20 kg of laundry.
Suyati joined YCAB Cooperative because initially Suyati faced challenges in developing her business. She hopes that with the result of these efforts she can cover her daily needs and that of her family. Suyati joined the YCAB Cooperative in 2013. At that time she said that she had a lack of capital for her business. “At the first time, I borrowed IDR 1,000,000,- from YCAB Cooperative, but because the businesses are growing, I am now able for my loan to reach IDR 3,000,000,-”said Suyati.
“My business is progressing. Currently I am never delayed to pay my bills. I pay for the kids’ school too. But the happiest thing, now I have started to save.” mentioned Mrs. Suyati.
Suyati feels the benefits of joining YCAB Cooperative. Loan interest is small. The fact that she received guidance and training to manage finances are several reasons why Suyati joined YCAB Cooperative. “I hope that other moms can also join YCAB Cooperative,” concludes Ms. Suyati.