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Lexy
Lexy is a 20-year-old single man who is living with his parents and his 10-year-old sister. After graduating from high school one year ago, Lexy decided to start a kiosk business. As the oldest son, Lexy is responsible to support his parents in generating income for their daily needs. He spent his own money to buy kiosk stock. He sells daily-use basic items e.g., instant noodle, biscuits, sugar, coffee, shampoo, etc.

Lately, Lexy has been thinking of adding more stock to his kiosk such as cigarettes, instant noodles, snacks, and cooking oil and he also wants to sell petrol and mobile phone recharge. He needs capital assistance to do so. Lexy then met a loan officer and received some information about the TLM lending program. He is interested in joining TLM and requested a loan of IDR 5,000,000 to implement his plan.

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

  • $4,458
    Average annual income
  • 61
    View loans »
    Indonesia Loans Fundraising
  • $4,684,925
    Funds lent in using Kiva
  • 9,440.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $550 helped Lexy to add more kiosk stock and to buy petrol and mobile phone recharge.
93% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Jun 30, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014