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Kupon Merapi Mulia
Voucher Currency System

The system was terminated because the Credit Union wanted external contributions to continue, although the system was sufficiently self-financing. The members were not pleased.

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Administrator Information
Name Mrs. Enny Susilandari
E-mail Address
Position / Job Title Director
First Language English
Organization Merapi Mulia Credit Union
Organization Type Cooperative Organization
URL Address
Currency System Information
Status Stopped
Year the System was Started 2006
Year the System was Stopped 2008
Community Daleman Village, Turi, Sleman
City / Urban Area Yogyakarta
Country Indonesia
E-mail Address
Medium of Exchange Accounts + Notes
Unit of Value Units of National Currency Equivalent
Valuation Convertible for National Currency
Cost-Recovery Mechanism
  1. Funds received through purchase of vouchers
  2. Conversion Fee
  3. Services Provided in National Currency
Source of Funding External Funding
Purpose for Establishing System Micro / Small / Medium Enterprise Development
Size of Membership 55
Population of Area Served by System 500
Estimated Yearly Operating Budget National Currency: 20,000,000 IDR (2,200 USD)
Main Goods and Services Traded
  1. Agricultural Products
  2. Value-Added Products
  3. Micro - Small Enterprise products
Additional Information

The system was launched in July 2006 with the opening of the Village Marketplace.

Images Gallery
Kupon Merapi Mulia

Kupon Merapi Mulia

Merapi Mulia Credit Union Office

Merapi Mulia Credit Union Office

The office is located 10km from the peak of the very active Merapi Volcano, as seen in the center of this photo.

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