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Solaiman
Solaiman is aged 30 years and is married to Novi, 28. They have a daughter named Asumi, 3 years old. To make a living, Solaiman runs a kiosk business selling daily basic needs such as: mobile phone recharges, soap, cigarettes, cold drinks, snacks, etc. The income generated from the business is spent to cover the family’s living expenditures.

Solaiman realizes that the income he generates is often insufficient. This situation led him to initiate another business which is a poultry business. He is sure that this business will enable him to gain extra income. This thought drove him to apply for a loan from TLM of IDR 10,000,000. This loan will be utilized to buy 10 new mobile phones to be resold at his kiosk. Solaiman is hoping that he can gain success in his business.

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
  • 60
    View loans »
    Indonesia Loans Fundraising
  • $4,478,300
    Funds lent in using Kiva
  • 9,625.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Solaiman to buy 10 new mobile phones to be resold at his kiosk.
90% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 13, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015