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Marthen
Marthen is a 41-year-old man, married to Tabita, a 40-year-old woman. They are blessed with four children: Nadia, seven, who is in the 1st grade of Elementary School; Mini, five, who is in kindergarten; Marcello, three; and Yunita, one.

Marthen has been running a kiosk business for three years using his own capital. The generated income enables him to support his family on a daily basis as well as provide for his children tuition. Marthen was planning to re-stock the items in the kiosk to have more goods, as well as enlarge the kiosk building.

In order to implement his plan, Marthen applied for a loan amounting to IDR 3,000,000 from TLM. The loan will be spent on stock for the kiosk such as soft drinks, snacks, candies, etc. and the materials to enlarge his kiosk building such as plywood, nails, etc.

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
  • 90
    View loans »
    Indonesia Loans Fundraising
  • $5,142,500
    Funds lent in using Kiva
  • 11,564.1
    Indonesia Rupiahs (IDR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $275 helped Marthen to purchase stock for the kiosk and materials to enlarge his kiosk building such as plywood and nails.
97% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2014
Listed
Apr 30, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015