2011


JANUARY
Koperasi Kasih Indonesia was founded by Leonardo Kamilius, Petrus Partono and Lucyana Siregar with the establishment of first office in Cilincing, North Jakarta.

FEBRUARY
Loans were disbursed to first 24 borrowers.

MARCH
First donation received, amounted 100 million IDR.

MAY
First major system revision made, Koperasi Kasih Indonesia applies joint liability.

JULY
Leonardo Kamilius and Lucyana Siregar split with Petrus Partono. Petrus Partono established his own cooperative. Koperasi Kasih Indonesia rent its first office.

SEPTEMBER
Ferry Setiawan joined management team after graduated from Faculty of Economics, University of Indonesia.

DECEMBER
Koperasi Kasih Indonesiaclosed the year with 439 borrowers, 0.1% bad debts and many valuable learning.
First company donation received. Legal entity formed (Dinas KUMKM dan Perdagangan DKI Jakarta no. 268/BH/XII.2/1.829.31/XII/2011).