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Meet Farid. Farid lives by himself in Yogyakarta, a city and the capital of Yogyakarta Special Region in Java, Indonesia. He runs a small shop that sells mobile phones, mobile phone airtime credits, and an electronic bill payment service. He began working with Ruma two months ago because he wanted to increase his income. He is really excited to expand his business selling mobile phone airtime credits. Nowadays, his transaction limit of selling mobile airtime and processing bill payment can only take up to 75 transactions per day. As the business runs, he hopes to get a Kiva loan as working capital loan in order to do more transactions on weekends. He thanks you for your 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

  • $5,200
    Average annual income
  • 20
    View loans »
    Indonesia Loans Fundraising
  • $5,300,575
    Funds lent in using Kiva
  • 11,706.6
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Farid to process more mobile airtime credit transactions on weekends.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Jul 21, 2014
Aug 26, 2014
Currency Exchange Loss:
Aug 17, 2015