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Ibu Ratna lives in Tambun, Bekasi with her family. She owns a shop that sells prepaid cell phone airtime and rents Playstation games. The reason why she wants to own a bill payment business with Ruma, is because Ruma has fast and quick transactions, is easy, and is also an inexpensive product that will bring more customers to her shop.

By becoming a Loket Ruma (a member of Ruma's bill payment network), Ibu Ratna hopes that current and new customers will come to her shop and pay their electricity bills, motorcycle installment, and landline phone bills.

Her shop was name based on her twin kid. She is married and has a twin (two boys, currently 18 years old) and a girl with the age of 14. The goal by having this a payment point business is to explore more opportunities, and also generate more income from the current business.

Additional Information

More information about this loan

Working capital loans enable credit-worthy borrowers to reach their full sales potential. Every agent maintains a balance of electronic credit with Ruma to process transactions. But if this balance is zero and no Ruma field officers are available to replenish it, an agent may miss out on sales. Working capital loans solve this problem by serving as a line of credit that agents can repay as needed during the loan term, ensuring that they don't lose potential income. PT Ruma will progressively disburse the amount posted on Kiva based on the agent's working capital needs, ensuring that no potential income is lost. By funding this loan, you are empowering urban and rural entrepreneurs.

About PT Ruma

PT Ruma's core business is not microfinance. Accordingly, there is some additional risk for lenders as this Field Partner expands its business model to include lending. Because PT Ruma’s business model differs from standard microfinance models, it is not assigned a risk rating on Kiva. Key risks and further information about making loans to borrowers through PT Ruma can be found on the organization’s partner page.

About Indonesia

  • $4,458
    Average annual income
  • 45
    View loans »
    Indonesia Loans Fundraising
  • $4,581,075
    Funds lent in using Kiva
  • 9,572.5
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Ratna to pay for a deposit on an electronic data capture (EDC) machine for her bill payment business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
May 30, 2012
Jun 3, 2012
Currency Exchange Loss:
Mar 15, 2013