Total loan: $1,800

Kisam Kiuola Group

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, , Indonesia / Services

Kisam Kiuola Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy materials for sewing such as yarn and buttons, and to pay her daughter’s university tuition fee for this semester.

Kisam Kiuola Group's story

KISAM KIUOLA is a group consisting of twelve women. They have their own businesses such as sewing, selling vegetables, retailing and running kiosks. Magdalena has been appointed as the Kiva representative.

Magdalena is 41 years old and married to Flumentus, who is also 41. They have three children, one of whom is in college at the moment. Magdalena and her husband realized that the children don’t need just meals but also education to have a bright future.

This situation led her to support Flumentus in making more money. She is running a sewing business. From the business she is able to earn an average of IDR 750,000 per month. She described the business as profitable for her family's living, therefore she wanted to buy more yarn, buttons and other materials.

She then took a chance to join the group when her friends told her about the group loan product provided by TLM, the Kiva field partner. They have requested a loan totalling IDR 24,000,000 from TLM.