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Meet Lukman, a single man who lives in Indramayu, a small city located in the north coast area of West Java. He runs a small shop that sells mobile phones, phone accessories, phone credit and utility bill payment services for his customers. He began working with microfinance organisation Ruma two months ago because he wanted to increase his income.
Lukman feels really excited about expanding his business in selling mobile phone credit. Nowadays, he can process up to 75 transactions per day. He hopes to take out a Kiva loan for working capital that will enable him to do even 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
  • 31
    View loans »
    Indonesia Loans Fundraising
  • $5,197,675
    Funds lent in using Kiva
  • 11,708.7
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Lukman to increase the working capital of his mobile phone business.
100% repaid
Repayment Term
2 months (Additional Information)
Repayment Schedule
At end of term
Jul 27, 2014
Aug 30, 2014
Currency Exchange Loss:
Sep 30, 2014