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Yafed
Yafed is 40 years old and lives in the town of Kupang with his wife and three children. His two older children are in school while his youngest child is not yet old enough to attend school. He earns a living by buying old coconuts from farmers in nearby villages and making and selling coconut oil and copra (or coconut meat). His goal is to grow his business so he can earn enough money to better support his family. To make this possible, he is requesting a loan for IDR 5,000,000 to buy more coconuts. His goal for the future is to provide a better life to his children.

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 $525 helped Yafed to buy coconuts to make coconut oil and meat.
88% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 26, 2015