Suwirka just began working with Ruma on July 25, 2013 to run Ruma’s new business cashing in and cashing out customer’s money for Ruma’s bank partner. As a new agent in Ruma, Suwirka needs a Kiva loan for working capital to start his new business. Suwirka wishes this new business to be another source of his family's income.
Suwirka lives in Pesagi, Penebel, Bali, a rural area about four hours from Denpasar. Suwirka is married and has two children. He lives with four people in the family house.
Prior to joining Ruma, Suwirka worked as a civil employee and farmer.
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.