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Marselinus
Marselinus aged 40 is a married man. He is blessed with two children: Marianus,16, is attending senior high school grade 1 and Sesilia,11, is attending elementary school grade 6.

Marselinus owns a business selling coconut and gasoline. He has been involved in the business since 2010. In order to generate more income, Marselinus recently started selling coconut ice. He operates the business from 9 a.m. to 7 p.m.and is assisted by his wife and his children.

Marselinus wants to enhance his business by selling mung bean porridge. He believes that the more food he sells, the more income he earns. To implement his dream, Marselinus is proposing a loan from TLM amounting to IDR 3,000,000. He wants to use the loan to build a cart and to purchase a stove, cooking pot, glasses, and cooking ingredients.

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
  • 70
    View loans »
    Indonesia Loans Fundraising
  • $4,708,325
    Funds lent in using Kiva
  • 9,620.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Marselinus to build a food cart and to purchase a stove, cooking pot, glasses, and cooking ingredients.
98% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013