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Simon
Simon is a 35-year-old man married to Naema, a 27-year-old lady. They have been blessed with three children: Melani, age 8, who is studying in the third grade of elementary school; Maichel, age 5, who is attending kindergarten and Pricilia, age 4.

To cover their daily needs, Simon works as a fishmonger. He sells fish from one house to another. He used to work as a public minivan driver for 10 years but he then resigned from the job and decided to be a fishmonger three years ago. Simon usually wakes up at 4 am to buy fresh fish from the fisherman and then resells them to his customers.

Simon realizes that he cannot survive with his current business because sometimes in rainy season he has difficulties getting fish from the market. Therefore, Simon is thinking of trying another business: raising pigs and reselling them to the pork traders. Simon is requesting a loan from TLM amounting to IDR 4,500,000. He wants to spend the loan on two pigs to be fattened. He hopes that his loan application 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

  • $5,200
    Average annual income
  • 93
    View loans »
    Indonesia Loans Fundraising
  • $5,145,350
    Funds lent in using Kiva
  • 9,070.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Simon to purchase two pigs.
97% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Jan 3, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014