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Sunantra just began working with Ruma from 26 July 2013 to run Ruma’s new business – serving cash in and cash out customers’ money to Ruma’s bank partner. As a new agent in Ruma, Sunantra hopes to get a Kiva loan as working capital in order to start his new business. Sunantra wishes this new business to be another source of his income.

Sunantra lives in Banjar Pengragoan Pangin Tukad, Bali, an rural area about four hours from Denpasar. Sunantra is married and has two children (a girl and a boy).

Prior to joining Ruma, Sunantra worked as a farmer.

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
  • 25
    View loans »
    Indonesia Loans Fundraising
  • $5,199,250
    Funds lent in using Kiva
  • 10,315.5
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $500 helped Sunantra to have start up credits to process branchless banking products within the pilot period.
95% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
At end of term
Jul 26, 2013
Aug 20, 2013
Currency Exchange Loss:
Jan 17, 2014