Betania 1A Group
As a farmer, Apner wants to improve his income by running another business. He is interested in the cattle fattening program because it can generate a large profit. Apner is requesting Rp. 3,300,000 to buy cattle to be fattened. The same as Apner, the other group members are also requesting loans from TLM to buy cattle to be fattened over the 12 month period. They will repay the initial cost of the cattle and get the profit after selling the cattle.
Note: The group picture was taken separately because 4 members of this group are involved in building the church in their village. Yurita also wasn't present when the group picture was taken, so her husband replaced her in the group picture.
About Tanaoba Lais ManekatThis 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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid