Bachtiar has been working with Ruma for 20 months. He started with Ruma because he was interested to become Ruma’s business partner in Tangerang. When his Field Officer offered a job with Ruma, he accepted. That was his first time becoming Ruma’s employee. His parent works in also warung business. As a field officer he managed his Ruma business partner. But now, he is serving as a branch head in Ruma’s Bogor Utara branch. In his position, he needs to manage the office, control field officers and their profit. He is very proud to be in Ruma because he can contribute to the development of the social enterprise.
With this motorcycle loan, Bachtiar and Ruma’s network management manager believe that the motorcycle will help Bachtiar to expand and visit the field more.
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.