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Petrus
Petrus, 31, is married to Elisabeth, 29. They are blessed with three children.

To make a living, Petrus sells vegetables such as squash, mustard, spinach, salty fish, etc. He runs the business besides his house. In order to better meet his family's needs, Petrus intends to initiate a kiosk business at his home based to be operated by his wife but he has very limited capital to make it happen. Petrus went to TLM and proposed a loan of IDR 3,000,000. He would like to buy kiosk stocks such as soap, cooking oil, instant noodles, coffee, tea, sugar, snacks, etc.

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

  • $5,200
    Average annual income
  • 86
    View loans »
    Indonesia Loans Fundraising
  • $5,148,150
    Funds lent in using Kiva
  • 9,710.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Petrus to buy kiosk stock items such as soap, cooking oil, instant noodles, coffee, tea, sugar, snacks, etc.
94% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2014