Nasaret A2 Group
Leon has been working as a farmer since he was young. He is happy to be a farmer. He is grateful that he has his own fertile land that can be utilized as a farm. Leon plants carrots, corns, bananas, cassavas and king grass. He always tries to do the best that he can to fulfill his family's daily needs. Leon and the group members are lucky as they don’t have to sell their agricultural products at the market since the traders will come to buy directly from them.
Leon is a keen farmer and usually works at the farm from 7 am to 4 pm. His wife and his son Arianto help him to water the plants and harvest the agricultural products. Fortunately, Leon has a well at the farm so he never faces difficulty in watering his plants.
Leon has dreams to renovate his house and finance his children’s education. He feels regret that he was unable to finance Arianto’s education. He does not want it happen to the rest of his children.
Leon heard about TLM Cattle Fattening Program from the clergyman in the village. He is interested in joining the program so he can make his dreams come true. Together with his neighbors, they formed Nasaret A2 Group in order to get loans to buy young cattle to be fattened in twelve months. They hope that the loan will help them in improving their lives in the future.
About Tanaoba Lais ManekatThis loan is administered by Tanaoba Lais Manekat (TLM). TLM is a microfinance institution that seeks to improve the quality of life of poor communities in the province of Nusa Tenggara Timur in Indonesia. TLM has been operating since 1995 and, in addition to providing microloan and savings services, provides client training on financial management and entrepreneurship.
TLM’s head office is based in Kupang, West Timor, Indonesia. Kupang is the capital city of Nusa Tenggara Timur province in eastern Indonesia. Nusa Tenggara Timur is the province with the least favorable social and economic statistics of all the 33 Indonesian provinces.
Join our lending team TLM West Timor.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid