Kuanputun A Group
Oktofianus and his family live in a modest house. As a farmer, he relies on agriculture for income to meet his family's needs. He plants vegetables, tomatoes, chilies, bananas and coconuts on the farm. According to Oktofianus, vegetables and tomatoes are the most important agricultural products that he harvests and sells to traders. He works on the farm from 6 am to 4 pm every day. As the breadwinner, Oktofianus has to work hard to generate more income to provide his family, especially his daughter, with sufficient and nutritious food.
Oktofianus says that he doesn’t have to sell his agricultural products at the market since his customers come to buy directly from him. His customers mostly come from Inpres Market which is situated about 37 km from Bone Village. They usually come to buy his crops every two weeks. The income that he generates is unstable. He can generate up to 600,000 Indonesian rupiah (IDR) over a two week period.
Oktofianus has a goal to improve his family's standard of living, but he only has limited skills. He faces difficulties in meeting his family’s daily needs as food and other necessities are quite expensive at the market. This situation drives him to find other ways to better meet his family's needs. Recently he heard information about the TLM Cattle Fattening Program that assists poor farmers like him. He is interested in joining the program as he has fertile land where the grass grows well for cattle food.
Oktofianus is requesting a loan of 3,200,000 IDR to buy a young cow to be fattened over a 12 month period. Just like Oktofianus, the other group members are also requesting loans to buy young cattle so they can improve their quality of life.
Note: Melkianus and Lodia were replaced by their family members when the group picture was taken.
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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