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Bapak (Mr.) Eddy owns a cellular shop and a small grocery stall in his neighborhood. In his modest shop, he sells Ruma’s airtime prepaid minutes, snacks (biscuits, fried crackers), drinks, candies, pens, pencils, and cigarettes. He is married and has four children. The age range of his children is very wide. His first child is 25 years old, then a set of twins who are 22 years old, and the last one is 12 years old.

By having an EDC machine, Bapak Eddy wants to be able to do the transaction for bill payments from his shop. He expects that people will come to him to pay their monthly electric bill, buy electricity vouchers, pay monthly landline phone bills, and motorcycle installments. He is interested in Ruma’s new program because he can actually expand his business. His goals are to be successful and generate more income for the family.

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
  • 49
    View loans »
    Indonesia Loans Fundraising
  • $4,592,300
    Funds lent in using Kiva
  • 9,380.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Eddy to pay for a deposit on an electronic data capture (EDC) machine for his bill payment business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jun 18, 2012
Jun 19, 2012
Currency Exchange Loss:
May 17, 2013