Raina lives north of Bogor, about two hours from Jakarta. Raina manages a small shop selling mobile accessories and mobile phone airtime credit. Raina is married and lives with four persons in the family home.
Raina joined Ruma one month ago because she found it interesting to sell mobile phone airtime credits. With assistance and support from Ruma’s staff, Raina sees improvements in her shop. For the last month, she earned an average of $9 - 10 per day in mobile phone airtime credit sales. She hopes to get a Kiva loan as working capital to process more transactions on the weekends. Her goal for her business is to expand and have more new business in the future.
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 provides entrepreneurs with micro-business packages that utilize mobile phones to send and receive funds. The organization creates employment opportunities for the poor by helping them become entrepreneurs through sales of telecom and bill pay services provided by PT Ruma. Kiva loans provide these entrepreneurs with the start-up capital they need to begin operating selling these services.