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Adam
Adam is a 48-year-old man and is married to Rosalina, a 48-year-old lady. Adam is a headman in his village. They have been blessed with six children. They are: Wellem, 26; Saul, a 24-year-old university student; Admin, 20, graduated from senior high school; Victor, 18, attending a technical high school; Monika, 11, attending elementary school and Randy, 6, attending kindergarten.

Adam has a kiosk business selling various daily needs, i.e: instant noodles, coffee, sandals, ketchup, cooking oil, some snacks, etc. Adam has been engaged in the business for the past three years. Adam is grateful since the business enables him to finance his family's daily needs and education fees for his children.

Adam was thinking to improve his business by adding a greater variety of stock, i.e.: wheat flour, margarine, eggs, cooking oil, sugar, coffee, rice, etc. He got information that TLM provides the individual Lending Program for small entrepreneurs like him. He then submitted the loan application and is requesting a loan amounting to IDR 10,000,000. He is hoping that his loan application will be approved by TLM.

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

  • $5,200
    Average annual income
  • 32
    View loans »
    Indonesia Loans Fundraising
  • $5,214,575
    Funds lent in using Kiva
  • 9,068.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Adam to purchase a greater variety of stock such as wheat flour, margarine, eggs, cooking oil, sugar, coffee, rice, etc.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Dec 8, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013