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Eduard is a 30-year-old entrepreneur. He is married to Rosalina, 27, and has been blessed with three children: Elviana, 5 years old; Aldorius, 3 and a half years old; and George, 2 and a half years old. After he graduated from Junior high school, Eduard worked at a furniture business, from which he learned the skill to create various types of furniture, i.e.. beds, cabinets, door frames, window sills, tables, chairs, etc. In 2011, Eduard decided to quit his previous employer and start his own business.

At the moment, he is able to employ one assistant to help him in completing the work. Eduard is really grateful for having many orders from his customers. Recently, he got orders to produce 32 door frames and 32 window sills but he doesn’t have enough wood in stock to complete the order. Therefore, he requested a loan from TLM amounting to IDR 4,500,000 to buy wood.

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
  • 30
    View loans »
    Indonesia Loans Fundraising
  • $5,208,900
    Funds lent in using Kiva
  • 9,449.8
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Eduard to buy wood.
93% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jul 19, 2012
Jul 25, 2012
Currency Exchange Loss:
Dec 17, 2014