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Meltu
Meltu is a 39-year-old man, married to Onci, a 30-year-old lady. They are blessed with five children namely: Veron, 13, in the 2nd grade of Senior High School; Angke, 10; Ariel, 8; Tiara, 6, (the three of them are at Primary School) and Aurelia, 3.

Meltu has been running a kiosk business for almost two years. He sells various household needs, such as food, snacks, cigarettes, bath soap, detergent, shampoo, and some cakes cooked by his wife. In addition to running a kiosk business, Meltu can also repair bicycles so sometimes he uses his skill to generate more income.

Meltu is planning to complete the business stock in his kiosk as demanded by the customers. In view of this opportunity, Meltu is requesting a loan of IDR 4,000,000 from TLM to purchasr various items such as soft drinks, snacks, etc. Meltu is expecting that the loan applications will be approved by TLM soon.

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
  • 76
    View loans »
    Indonesia Loans Fundraising
  • $4,812,350
    Funds lent in using Kiva
  • 9,103.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Meltu to purchase various items such as soft drinks, snacks, etc.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2011
Listed
Nov 28, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012