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Rendi
Rendi is a 22-year-old single man who is living with his uncle. He has been involved in the brick production business for five years. He initiated the business by the capital support provided by his uncle.

As Rendi is a hard worker, he can maintain the business until now. Within a week, Rendi is able to produce hundreds of brick to be sold. At the moment, Rendi produces the brick manually, but the increase in brick demand from his customer led him to buy a brick machine that can help him to work more quickly and efficiently. He then requested a loan from TLM amounting to 10,000,000 IDR (Indonesia rupiahs). It enables him to buy a brick machine.

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
  • 65
    View loans »
    Indonesia Loans Fundraising
  • $4,799,150
    Funds lent in using Kiva
  • 9,590.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Rendi to buy a brick machine.
91% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015