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Marjo
Marjo is a 30-year-old single man. He lives with his parents and his sisters. He has been running the business of poultry for years. Six years ago he focused on becoming a distributor of chicken. Commonly, he takes from Kupang around 500 chickens and sells them to the market and his customers around Soe.

The income from this business enabled him to buy a car to deliver the chicken.

Currently, he needs cash to buy more chicken and fuel for the business operation. Therefore, he requested a loan of IDR 15,000,000 from TLM. The loan will be spent on more chicken and fuel for his car.

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.

Tags

About Indonesia

  • $4,458
    Average annual income
  • 61
    View loans »
    Indonesia Loans Fundraising
  • $4,684,925
    Funds lent in using Kiva
  • 11,518.0
    Indonesia Rupiahs (IDR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,325 helped Marjo to buy more chicken and fuel for his car.
23% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2014
Listed
Jul 30, 2014
Currency Exchange Loss:
Possible