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Blasius

Update on Blasius

Blasius (31) is a father of 4 children: Martha (12), Anita (9), Arni (8), John (7). All the children are attending school except Martha, who dropped out from school several months ago. Blasius covers his family necessities by working as a banana seller since 1995. The business is located at a traditional market. He usually spends 14 to 15 hours a day to run the business.

Blasius has received loans from TLM for three times and has a good repayment record. His involvement in the lending program for 3 cycles has enabled him to improve his business and better meet his family needs. Blasius plans to improve his business by buying 300 clusters of banana. He also needs money to fulfill the educational needs of his three children. Therefore Blasius is requesting a new loan amounting to IDR 10,000,000 from TLM.

Previous Loan Details

Blasius is a 30-year-old man who lives in Labat Village. Blasius is married and has been blessed with 4 children namely: Martha who is 11 years old and in the 5th grade of elementary school, Anita who is 8 years old and in the 2nd grade of elementary school, Arni who is 7 years old and in the 1st… More from Blasius's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Indonesia

  • $4,458
    Average annual income
  • 58
    View loans »
    Indonesia Loans Fundraising
  • $4,493,875
    Funds lent in using Kiva
  • 9,488.5
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,075 helped Blasius buy bananas to sell and pay his children's school fees.
98% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013