Ibu (Mrs.) Ernawati owns the shop and she shares the burden with her husband. Most of the time, you can also find Ibu Ernawati’s husband standing by in the shop because his works depends on orders. Ibu Ernawati and her husband have only one child. Their child is 32 months old.
The reason why Ibu Ernawati wants to be a Loket Ruma agent is because in their neighborhood, it’s rare to find a payment point for electricity that prints a receipt every time the customer buys the electricity products from Indonesia's electricity company called PLN. Other than that, with the EDC machine that they will have, Ibu Ernawati and her husband will also be able to buy electricity vouchers, house installments, and motorcycle installments.
In the long run, this will not only generate more income for the family, but Ibu Ernawati hopes that the business will be sustained and will be able to serve more people in the neighborhood.
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.