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Welem
Welem, age 38, married to Marlinda, age 29. They have four children whose ages are between 14 years old and 8 months old. Three children are attending school.

Welem has been operating a kiosk business since 2007, using his own capital; it is located about 500 meters from his house. At the moment, Welem is seeking capital assistance to initiate a new business that is producing toilets. He is requesting a loan from TLM amounting of IDR 7,500,000 to purchase materials such as cement and sand and also to add more kiosk stock, i.e., oil, sugar, snacks, instant noodles, etc. He believes that he can improve his income through the capital assistance provide by TLM.

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
  • 71
    View loans »
    Indonesia Loans Fundraising
  • $4,708,325
    Funds lent in using Kiva
  • 9,595.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Welem to purchase materials such as cement and sand to produce toilets.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013