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Nikson
Nikson is a 30-year-old farmer who lives with his father, Cornelis, 60 years old, and his mother, Yuliana, 57 years old. Nikson plants and sells vegetables like tomatoes, chilies and basil. He harvests the vegetables almost every week then sells them at the traditional market. The income from selling vegetables helps him in meeting his family's needs.

In order to support his business, Nikson would like to buy a water pump to help him in watering the farm. He would also like to plant more vegetables and therefore needs more capital to buy more seedlings and fertilizer. To implement his plan, Nikson is requesting a loan from TLM amounting to IDR 5,000,000. Nikson is hoping that the loan will help him in improving the business.

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
  • 107
    View loans »
    Indonesia Loans Fundraising
  • $5,039,675
    Funds lent in using Kiva
  • 9,405.2
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $550 helped Nikson to buy more seedlings and fertilizer.
94% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2014