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Taufik runs a small stall in which he sells snacks and mobile phone airtime credits. Taufik lives in Sukabumi, a semi-urban area about 2.5 hours from Jakarta. Taufik is single and lives with 5 people in the family house.

Taufik began working with Ruma one month ago because he wanted to increase his income. He feels really excited to expand his business in selling mobile phone airtime credits and serving bill payments. As the business runs, he hopes to get a Kiva loan as working capital loan in order to do more transactions on weekends.

Additional Information

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.


About Indonesia

  • $5,200
    Average annual income
  • 20
    View loans »
    Indonesia Loans Fundraising
  • $5,300,575
    Funds lent in using Kiva
  • 11,425.9
    Indonesia Rupiahs (IDR) = $1 USD
A loan of $325 helped Taufik to process more airtime and bill-payment transactions on a weekly basis.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Mar 12, 2014
Apr 14, 2014
Currency Exchange Loss:
May 14, 2014