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Tengku Anita
Tengku's business is a beauty salon and bridal shop. She is 53 years old and married with four children. Three of her children have already finished school and the youngest one is still in school. She has been in her business for 27 years. Starting from a hobby, now she has a lot of customers. She works out of her house. Her business is going well and she helps her husband send their children to school. The main challenge that she faces is not having enough capital to expand her business. With this loan, she wants to renovate her house and increase the space for her business. In the future, she hopes that she can extend her business by providing catering services.

Additional Information

About VisionFund Indonesia

VisionFund Indonesia is a Christian micro venture capital organization owned by Mitra Masyarakat Sejahtera (MMS) and Wahana Visi Indonesia. Founded in 2000, VFI operates in both Jakarta and Surabaya, the two biggest cities in Indonesia. VFI targets the entrepreneurial poor who have existing microbusinesses for at least 6 months and have no financial access to commercial banks. VFI also provides microinsurance for all clients through a partnership with Allianz insurance company. With nine branches as of 2011, VFI hopes to expand in order to reach underserved microfinance markets in other islands of Indonesia.

About Indonesia

  • $4,458
    Average annual income
  • 121
    View loans »
    Indonesia Loans Fundraising
  • $5,027,225
    Funds lent in using Kiva
  • 8,880.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Tengku Anita to buy materials to extend her business room.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 19, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013