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Yosafat
Yosafat is a 42-year-old father of three children. The children’s ages are between 16 and 4 years old and two of them are attending school.

Yosafat is running a business of selling cattle. Prior to selling the cattle, Yosafat raised them for one to three months in order to achieve a standard weight. Then he resells the cattle to the customers in the market. Yosafat has been engaged with the business since his childhood because of family tradition. The income generated from the business enables him to cover his family’s living expenditures.

Yosafat dreams of having more cattle to improve his income, which can guarantee his children’s education as well as meet his family's needs in the future. This is why he asked for a loan from Tanaoba Lais Manekat Foundation (TLM) of IDR 10,000,000. The loan will help him to purchase two more cattle to be fattened and resold.

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
  • 9,700.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Yosafat to purchase two more cattle to be fattened and resold.
94% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014