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Lorens
Lorens is a 50-year-old man who is married to Yohana, a 39-year-old woman. From their marriage they are blessed with 3 children. They are: Febri, 11 years old, in the 1st grade of junior high school; Musa, 9 years old; and Samuel, 8 years old. Both Musa and Samuel are elementary school students.

Lorens is a newspaper peddler. He has been running this business since 1998. Every day he starts his business at 4 am by selling local and national newspapers in certain areas. His income averages in the amount of IDR 20,000 – 70,000 each day. In order to sell more newspapers he requested an individual loan in the amount of IDR 3,000,000 from TLM. The loan will be spent to buy more newspapers and to pay his children's school fees as well.

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

  • $5,200
    Average annual income
  • 27
    View loans »
    Indonesia Loans Fundraising
  • $5,199,250
    Funds lent in using Kiva
  • 11,234.3
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $275 helped Lorens to buy more newspapers and to pay his children's school fees as well.
99% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014