Funded

Total loan: $1,050
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Nova

Indonesia
Indonesia / Services

A loan of $1,050 helped by providing more wedding gowns to lease out as well as adding more stock for her kiosk business.


Nova's story

Nova, 28 years old, is one of several TLM clients who were funded by Kiva lenders in February, 2011. She received a loan of 5,000,000 Indonesian rupiah (IDR) that was spent on more beauty salon products and equipment. With the additional products and equipment, Nova was able to improve the services provided to her customers and generate more income from the business. She was able to help her parents meet their daily needs and cover her siblings' educational costs. In June, 2011, Nova was able to fully repay the loan. She also utilized some of the profit from her salon business to initiate a kiosk business.

Nova is now planning to improve her services by providing more wedding gowns to lease out as well as adding more stock to her kiosk business, e.g., mobile phone recharges, cigarettes, snacks, beverages, candy, etc. To do so, she is requesting a loan of 10,000,000 IDR from TLM.



Loan details

Loan length:

38 months
Disbursed date: September 19, 2012
Facilitated by Field Partner: Tanaoba Lais Manekat Foundation (TLM)

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: September 19, 2012
Facilitated by Field Partner: Tanaoba Lais Manekat Foundation (TLM)