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Markus
Markus is a 40-year-old father of four children: Rivandi and Rivaldi, 11, twins; Rivaldo, 8. The three of them are attending elementary school grades 6 and 4; and Rivana, 1 year old. Markus is an independent man, by running his own business he was able to cover his educational expenses from junior high school till he graduated from senior high school.

Markus’ businesses include distributing palm tree branches and poultry. These businesses have helped him in meeting the household needs and the schooling expenses of his children. To provide his family with better income, Markus intends to grow the number of palm tree branches to meet the demand of his customers. Unfortunately, Markus has very limited capital to make that happen. He then requested loan of IDR 10,000,000 from TLM to cover the cost of palm tree branches in bulk and 2 boxes of chicks.

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
  • 63
    View loans »
    Indonesia Loans Fundraising
  • $4,684,925
    Funds lent in using Kiva
  • 9,535.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Markus to cover the cost of palm tree branches in bulk and two boxes of chicks.
91% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014