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Simeon
Simeon Tansa is a 40-year-old man who is married to Tolfiana, a 36-year-old woman. They are blessed with 4 daughters: Intan, 17, in the 3rd grade of Senior High School; Rini, 11, and Melda, 10, who are both Elementary School students; and Grace, who is 3 years old.

Simeon has been running a kiosk business with his wife for 7 years. Simeon is also an employee at a store. His wife assists him by managing the kiosk business as he works at the store. They started the business by using their own capital to build the small impermanent kiosk. Day by day their kiosk business is growing, and they are so thankful for the 1st cycle loan they received from TLM as they grow their business.

Nowadays their kiosk has become a permanent kiosk with more stuff to sell. In order to add more stock for a Christmas sale, Simeon is applying for an individual loan in the amount of IDR 4,500,000. The loan will be spent on soft drinks, flours, sugar, etc. to be sold in their kiosk.

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
  • 50
    View loans »
    Indonesia Loans Fundraising
  • $4,475,375
    Funds lent in using Kiva
  • 11,800.4
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Simeon to purchase soft drinks, flours, sugar, etc. to be sold in their kiosk.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 3, 2014