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Olan is a 19-year-old student. He is living alone and away from his parents. Olan's parents live in a remote village in rural Sepauk, Sintang, Indonesia. His father works as a laborer only on a rubber plantation; his income is not fixed. The income of rubber labourers is inadequate because the price of rubber is very low at this time. His parents want their children to be in school for their future happiness. Thanks to his parents' encouragement, Olan is determined to study at the Academy of Maritime Nusantara, as Olan's ideal is to work at a port in Indonesia.

Due to the economic conditions of his parents, who are not permanent workers, Olan volunteered to seek a student loan from Kiva in order to relieve the burden on his parents and continue his studies. Olan is very grateful to the lenders from around the world, who would help him in his studies, although he does not personally know them.

Additional Information

More information about this loan

This loan is part of a YSBS higher education program through affiliate YPPK designed to help high-achieving high school graduates afford higher education at a top maritime academy. Akademi Maritim Nusantara trains students in ship engineering, nautical science, and maritime economics, and helps them find jobs after graduation. By funding this zero-interest loan, you are supporting a student who couldn’t otherwise afford higher education. Students are expected to repay in monthly installments after they are employed.

Please be advised that this loan might carry a grace period while the student is in school that may result in a lengthy loan term. Please refer to the Repayment Schedule before making this loan.

About Yayasan Sosial Bina Sejahtera (YSBS)

Yayasan Sosial Bina Sejahtera (YSBS) is a non-governmental organization that has worked on poverty reduction, food security, gender issues, education, public health, and climate change in Central Java, Indonesia for over 40 years. Kiva lenders can fund tuition loans for students attending YSBS’ maritime academy and senior vocational high school to help them launch their careers, or enterprise loans for rural groups of women participating in the organization’s microfinance program.

About Indonesia

  • $5,200
    Average annual income
  • 78
    View loans »
    Indonesia Loans Fundraising
  • $5,747,225
    Funds lent in using Kiva
  • 9,587.5
    Indonesia Rupiahs (IDR) = $1 USD