Gibeon C1 Group
Gibeon C1 is led by Thomas B. - a 33-year-old man. Just as with many other people in this village, Thomas and his wife count on the agriculture sector for their livelihood. From their marriage, Thomas and his wife have been blessed with 3 children, they are:
- Esthon B., 11 years old and in the Fifth Grade of Elementary School;
- Renita B., 9 years old and in the Fourth Grade of Elementary School; and
- Rosana B., 6 years old and in the First Grade of Elementary School.
As the father of 3 children, Thomas always works hard to meet all of his family's daily needs by selling vegetables. Thomas and his wife are diligent in cultivating the farm and watering the vegetables on the farm every morning and evening. When the vegetables are ready to be harvested, they will bring them to Inpres Market to be sold on Tuesday and Thursday. They usually open the business in the market at 6 am and close around 2 pm. Nevertheless, the income that Thomas and his wife generate is still not enough to support their family.
So Thomas and his neighbors decided to form a group of 8 farmers to join the cattle-fattening program. Thomas is interested in joining the program as he wants to improve his family's finances and to support his children’s education in the future. Thomas is requesting a loan amounting to IDR 3,400,000 from TLM to buy young cattle to fatten over 12 months. The other group members are also requesting a loan to buy young cattle. They really hope that the loan will help them in improving their living standards.
Note: When the group picture was taken, Adrianus and Osias were replaced by family members.
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