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Arance
Arance is a 38-year-old lady and married to Yusuf, a 41-year-old man. They’ve been blessed with two children, namely, Indah, 18, in the second year of Senior High School, and Angel, 14, in the second year of Junior High School.

Arance runs a kiosk business, to assist her husband by generating more income for her family. She initiated the business using her own capital. Bath soap, detergent, stationery, cigarettes, candies and snacks are available at her kiosk.

Arance has just recently established a brand new kiosk, in a different area, alongside a highway. She needs to add more goods to the new kiosk, such as sugar, coffee, cooking oil, and kitchen equipment. Arance needs more money, in order to do so. Therefore, she requested a loan of IDR 10,000,000 from TLM. She really hopes that her business will run well, so she will be able to repay the loan to TLM.

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

  • $4,458
    Average annual income
  • 49
    View loans »
    Indonesia Loans Fundraising
  • $4,708,325
    Funds lent in using Kiva
  • 10,967.8
    Indonesia Rupiahs (IDR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $925 helped Arance to buy goods for her new, second kiosk, including sugar, coffee, cooking oil, and kitchen equipment.
62% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible