Ibu (Mrs.) Tri is a recent Ruma’s entrepreneur who focuses on becoming one of Loket Ruma agent. Loket Ruma is the new product line that helps our micro entrepreneur become a payment point. She calls herself a true entrepreneur who provides payment services. However, she currently doesn’t own a shop or store. So, customers come directly to her to pay their bill. Ibu Tri is married and has two children, 15 years old and 4 years old.
This EDC machine will help her to increase her payment business. She hopes people will come to her to actually buy airtime prepaid minutes and also to pay their electricity bill, buy an electricity voucher, and pay their house installment. She believes that this business will eventually add up to more income for her.
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.