Funded

Total loan: $475
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Samuel

Indonesia
Naikoten Village, Indonesia / General Store

A loan of $475 helped to buy more products to offer for sale and to renovate his business place.


Samuel's story

Samuel, age 40, has a kiosk business. The kiosk is located at the roadside, so it is easy for his customers to access the premises to buy goods to meet their needs. Prior to running the business, Samuel used to do odd jobs to support his family, but the income generated was unstable and sometimes insufficient for meeting the needs of the family. He and his wife Susana, age 36, are blessed with two children: Sami, age 9, who attends third grade in the elementary school, and Arjen, age 5. Samuel and his family live in Naikoten Village in Kupang City.

Samuel began his business using his own small capital. He is happy with his current business, not only because he does not have to look for odd jobs every day but also because he dreams of improving it so as to better provide for his family. Samuel joined TLM Group Lending Program and has received loans in the amount of IDR 500,000 in the first loan cycle and IDR 750,000 in the second. Samuel's business has improved since he received these loans. He used the money to stock more basic materials to be sold in his kioask, such as noodles, coffee, sugar, teabags, soap, detergent, and rice.

Samuel plans to expand his business by adding more products and to renovate his business place. He is requesting a loan of IDR 4,000,000. Samuel is hoping that TLM will assist him with a loan to help make his dream come true.



Loan details

Loan length:

38 months
Disbursed date: February 25, 2011
Facilitated by Field Partner: Tanaoba Lais Manekat Foundation (TLM)

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: February 25, 2011
Facilitated by Field Partner: Tanaoba Lais Manekat Foundation (TLM)