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Fadil lives in Bogor, about one hour from Jakarta. Bogor is known as a rainy city. Fadil manages a small shop selling mobile phone airtime credit. Fadil is married and living with his daughter and wife in the family home. His child is just one month old.

Fadil joined Ruma two months ago because he wanted to sell new products. With assistance and support from Ruma’s staff, Fadil sees improvements in his shop. For the last two months, he has been earning an average of $50 - 55/day in mobile phone airtime credit sales.

He hopes to get a Kiva loan as working capital to process more transactions. His goal for his business is to expand into more new businesses in the future.

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

  • $4,458
    Average annual income
  • 46
    View loans »
    Indonesia Loans Fundraising
  • $4,591,375
    Funds lent in using Kiva
  • 9,924.8
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Fadil to process more mobile phone credit sales and bill payment transactions.
92% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Jun 23, 2013
Jun 28, 2013
Currency Exchange Loss:
Jan 17, 2014