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Joel
Joel, 33, is married to Nonce, 33, and they are blessed with two children, Malvin, 9, and Austin, 7, both of whom attend elementary school.

Joel owns a business raising pigs and ducks. Prior to running his current business, he used to run a kiosk but it was not running well due to lack of capital. Now Joel intends to restart the kiosk business. Therefore, he has requested a loan of 10,000,000 IDR from TLM. He would like to spend the loan purchasing instant noodles, snacks, ice, rice, flour, sugar, coffee, a cooler, etc. He expects that TLM is willing to provide the loan for 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
  • 105
    View loans »
    Indonesia Loans Fundraising
  • $5,042,900
    Funds lent in using Kiva
  • 9,738.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Joel to purchase stock such as instant noodles, snacks, ice, rice, flour, sugar, coffee, a cooler, etc.
95% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 26, 2014