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Charles
Charles, a 30-year-old fishmonger, is married to Sandra who is 27 years old. They have a daughter, Deja, who is 2 years old. Charles has been a fishmonger for six years. The income generated from the business is spent on their daily needs.

To generate more income, Charles is planning to run another business to sell grilled fish. He would like to buy more fish for his new business. Unfortunately, he does not have enough business capital to do so. Charles is seeking a loan amounting of IDR 10,000,000 from TLM. In addition to buying fish, Charles also wants to buy other equipment such as: refrigerator, nipper, tent, a simple fish roaster and table.

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
  • 57
    View loans »
    Indonesia Loans Fundraising
  • $4,685,325
    Funds lent in using Kiva
  • 8,525.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,175 helped Charles to buy more fish and other equipment such as: refrigerator, nipper, tent, a simple fish roaster and table.
99% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Sep 5, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013