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Marthen
Marthen is a 39-year-old entrepreneur. He lives in Oebufu Village, Kupang City. Marthen is married to Rince, a 38-year-old lady, and they have four children. The children are Astriana, 12 years old, who is in the sixth grade of elementary school; Yoprianus, 9 years old, who is in the fourth grade of elementary school; Aldi, 5 years old, who is in kindergarten, and Deni, 3 years old, who is not at school yet.

Marthen has a kiosk business that helps him in supporting his family. Even so, the income is not sufficient to fully meet his family needs. As Marthen is the only income source for his family, he also sells agricultural products in the market. He buys the agricultural products from the farmers and resells it at the market. Marthen sells vegetables, potatoes, cassava, sweet potatoes, pineapples and bananas.

Due to the limited capital that he has, Marthen cannot buy agricultural products in bulk to resell.

Marthen dreams of developing a small building next to his kiosk to sell the crops. He will be happy because then he will not need to sell the vegetable in the market. He also wishes that he could buy agricultural products at bulk prices.

To make his dream come true, Marthen is requesting a loan of IDR 10,000,000 from TLM. He plans to spend the loan to buy more vegetables and to develop a small building to sell vegetables. He is hoping that TLM will help him in making his dream come true.

Additional Information

About Tanaoba Lais Manekat

This 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.

About Indonesia

  • $4,458
    Average annual income
  • 52
    View loans »
    Indonesia Loans Fundraising
  • $4,647,925
    Funds lent in using Kiva
  • 8,655.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Marthen to buy more vegetables and to develop a small building to sell vegetables.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2011
Listed
Apr 13, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012