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Originally, Murodi lived in Jakarta, but since he was chosen to be a Ruma branch head, he moved to Bogor Timur. He is single and his mother is only a housewife. Another interesting story about him is that he used to be Ruma’s business partner before he decided to become Ruma’s field officer in the Jakarta Branch. He has been working with Ruma for almost 1.5 years.

As a Ruma branch head, he feels that a motorcycle is needed to actually run the business, especially in controlling and monitoring the field. Previously as a Field Officer, the only thing he needed to take care of were his business partners. But now, with bigger power comes bigger responsibility. He needs to take care not only of Ruma’s business partners, but also of the Field Officers who work in his branch. And a motorcycle will definitely help him to move around.

Ruma’s Network Management Manager recommended him because Murodi needs a motorcycle to conquer the new area where Ruma’s branch is established. And of course it will help his business partners to generate more income too so they can have a better livelihood.

Additional Information

More information about this loan


Working capital loans enable credit-worthy borrowers to reach their full sales potential. Every agent maintains a balance of electronic credit with Ruma to process transactions. But if this balance is zero and no Ruma field officers are available to replenish it, an agent may miss out on sales. Working capital loans solve this problem by serving as a line of credit that agents can repay as needed during the loan term, ensuring that they don't lose potential income. PT Ruma will progressively disburse the amount posted on Kiva based on the agent's working capital needs, ensuring that no potential income is lost. By funding this loan, you are empowering urban and rural entrepreneurs.
 
 

About PT Ruma

PT Ruma's core business is not microfinance. Accordingly, there is some additional risk for lenders as this Field Partner expands its business model to include lending. Because PT Ruma’s business model differs from standard microfinance models, it is not assigned a risk rating on Kiva. Key risks and further information about making loans to borrowers through PT Ruma can be found on the organization’s partner page.

About Indonesia

  • $4,458
    Average annual income
  • 52
    View loans »
    Indonesia Loans Fundraising
  • $4,647,925
    Funds lent in using Kiva
  • 9,651.5
    Indonesia Rupiahs (IDR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,225 helped Murodi to buy a motorcycle and use it for transportation while managing his branch and its area.
57% repaid
Repayment Term
49 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Possible