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Melkisedek
Melkisedek is 37 years old, married to Maria, 29. They are living in a modest house with two children, who are: Fernandus, 8, in the third grade of elementary school and Angela, 1 year old.

Melkisedek used to work as a public minivan driver. Since the income earned from that job was insufficient for his family needs, he then decided to resign and initiated a kiosk business.

He plans to complete the stock in his kiosk by adding rice, kerosene, milk, sugar, coffee, snacks, mineral water, etc. Melkisedek is seeking a loan of IDR 5,000,000 from TLM. Through this loan Melkisedek hopes that he can improve his business. He is expecting that TLM will provide a loan for his business improvement.

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
  • 56
    View loans »
    Indonesia Loans Fundraising
  • $4,684,925
    Funds lent in using Kiva
  • 8,528.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Melkisedek to purchase more stock such as rice, kerosene, milk, sugar, coffee, snacks, mineral water, etc.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012