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Margaretha
Margaretha, 26, is operating a kiosk business. She used to work as a part-time employee at a health center. After the contract ended, Margaretha found it hard to get a new job. This situation then led her to open a small kiosk at her home.

At the kiosk, Margaretha sells several household necessities such as instant noodles, soap bars, detergent, sugar, tea, and coffee. Margaretha is still living with her parents, but she doesn’t want to rely on them.

Margaretha plans to build a small kiosk located separately from the house and to add more products to sell at her kiosk. Therefore, she is requesting a loan of IDR 4,500,000 from TLM. She would like to buy more products for her kiosk, and building materials such as zinc, cement, nails, wood and bricks.

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
  • 31
    View loans »
    Indonesia Loans Fundraising
  • $5,197,675
    Funds lent in using Kiva
  • 9,410.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Margaretha to buy more products for her kiosk, and building materials such as zinc, cement, nails, wood and bricks.
90% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2015