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Rahmat runs a small shop selling fertilizers and patched tires in Serang. Serang is about two hours away from Jakarta. Rahmat’s shop is not just a typical warung (small shop in Indonesian) because Rahmat is also a part of the Ruma Network, where he sells mobile phone airtime credit and processes bill payments for customers. Rahmat is excited to be a part of this network because he hopes that these services will bring more customers to the shop and increase his income.

Rahmat lives with his wife and two children. Since joining Ruma, Rahmat is earning on average $5 - 10/per day in mobile airtime credit sales. With the support and assistance from Ruma staff, he hopes to grow his business even more.

Rahmat is now offering to process electricity bill payments for customers as a new service. To do this, he is required to print receipts for these transactions. He is requesting a Kiva loan to help him to purchase this printer so he can offer this new service.

Additional Information

More information about this loan

Working capital loans enable credit-worthy borrowers to reach their full sales potential. Every agent maintains a balance of electronic credit with Ruma to process transactions. But if this balance is zero and no Ruma field officers are available to replenish it, an agent may miss out on sales. Working capital loans solve this problem by serving as a line of credit that agents can repay as needed during the loan term, ensuring that they don't lose potential income. PT Ruma will progressively disburse the amount posted on Kiva based on the agent's working capital needs, ensuring that no potential income is lost. By funding this loan, you are empowering urban and rural entrepreneurs.

About PT Ruma

PT Ruma's core business is not microfinance. Accordingly, there is some additional risk for lenders as this Field Partner expands its business model to include lending. Because PT Ruma’s business model differs from standard microfinance models, it is not assigned a risk rating on Kiva. Key risks and further information about making loans to borrowers through PT Ruma can be found on the organization’s partner page.

About Indonesia

  • $5,200
    Average annual income
  • 26
    View loans »
    Indonesia Loans Fundraising
  • $5,199,250
    Funds lent in using Kiva
  • 9,805.1
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Rahmat to purchase a printer to print out required receipts for mobile phone credit sales and bill payment transactions.
92% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
May 16, 2013
Jun 4, 2013
Currency Exchange Loss:
Aug 17, 2014