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Marlen
Marlen, 32, is married to John, 33. They have 2 children: Stenly, 14, in the 3rd grade of junior high school and Veren, 7, in the 3rd grade of elementary school. Marlen has a kiosk business selling motorcycle spare parts such as tires, lubricant, bolts, plugs, mirrors and some light machines. She has been running the business for 3 years.

As competition with similar businesses increased, Marlen then tried to look for another business opportunity: PlayStation. She understands that many children and adults like to play it. To implement her plan, Marlen has requested a loan of IDR 4,500,000 from TLM to buy 2 PlayStations and 2 televisions for her new 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
  • 49
    View loans »
    Indonesia Loans Fundraising
  • $4,700,350
    Funds lent in using Kiva
  • 9,488.5
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Marlen to buy 2 PlayStations and 2 televisions for her new business.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
May 18, 2013