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Meet Gilar. Gilar is a father of four who lives in East Bandung, West Java. Gilar manages a small stall that sells snacks, drinks, consumer product, and mobile phone airtime credits. His spouse is a fulltime housewife, taking care of their children. He began working with Ruma (Microfinacne Institution) three months ago because he wanted to increase his income to fulfill his family living; especially for his children's education. In addition, since he got support and assistance from Ruma's staff, he has become more aware of how mobile technology can support his business. As the business runs, he hopes to get a Kiva loan in order to do more transactions on weekends, which is when people mostly buy mobile airtime. In the photo are Gilar and his wife carrying their baby. He thanks you for your kind support.

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

  • $4,458
    Average annual income
  • 54
    View loans »
    Indonesia Loans Fundraising
  • $4,477,325
    Funds lent in using Kiva
  • 11,675.6
    Indonesia Rupiahs (IDR) = $1 USD
A loan of $1,050 helped Gilar to buy more airtime credit to sell on busy weekends.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jul 16, 2014
Aug 22, 2014
Currency Exchange Loss:
Sep 21, 2014