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Fuk
Fuk is a 41-year-old man married to Regina, and they have two children, Margareta, 6, and Fini, who is 4 years old.

Fuk has been selling fish since 2005 with a starting capital of 500,000 IDR (Indonesian rupiah). His monthly income depends on the seasons. Due to seasonal variations, the price for him to purchase fish has increased, and in turn, he is asking for a loan from TLM in amount of IDR 4,500,000. The loan will be used to buy fish and also to pay for his children’s school fees.

He hopes that his business will run well so he will be able to repay the loan and put his children through school.

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
  • 26
    View loans »
    Indonesia Loans Fundraising
  • $5,200,225
    Funds lent in using Kiva
  • 9,730.0
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $475 helped Fuk to purchase fish and to pay his children’s school fees.
94% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014