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Marthen
Marthen is a 26-year-old man who is married to Aksa, a 26-year-old lady. They have one child named Aldy who is four years old. Marthen owns a kiosk business selling household items such as sugar, coffee, detergent, cigarettes, bath soap, mosquito coils, snacks, soft drinks, etc. He initiated the business four years ago using his own capital. This business is very meaningful to Marthen and family as it enables him to cover his family's living expenses.

Marthen was thinking of adding more stock to his business such as instant noodles, snacks, cooking oil, etc as well as buying spare motorcycle parts. He met a TLM loan officer and got information on the individual lending program. He then was interested in joining the program and requested a loan of IDR 10,000,000.

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
  • 24
    View loans »
    Indonesia Loans Fundraising
  • $5,199,250
    Funds lent in using Kiva
  • 9,175.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Marthen to purchase instant noodles, snacks, cooking oil, etc as well as motorcycle spare parts.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 23, 2013