Funded

Total loan: $425
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Ruth

Indonesia
Indonesia / Fishing

A loan of $425 helped to buy a flashlight, trawl leads, floats, etc.


Ruth's story

Ruth is a 40-year-old woman and is married to Leonard, 53, who is working at a repair shop. They have five children: Septiadi, 18, who is working; Defrid, 15, a Junior High School student; David, 13 and Samuel, 9, both are in Elementary School; and the last one is Arthen, 5 years old. In order to help her husband in generating more income, Ruth cooks the simple lunch for 10 people who are working in a repair shop. The owner of the repair shop pays 350.00 IDR (Indonesian Rupiah) per week to provide food for the employees. Her husband plans to resign from his work, to start a new business as a fisherman. Currently, they have a small boat and it is ready to operate but unfortunately they need some money to buy a flashlight, trawl lead, floats, etc. She got information that TLM provides a business loan for small business entrepreneurs like her. She then requested a loan amount of 4,000,000 IDR from TLM .



Loan details

Loan length:

38 months
Disbursed date: May 20, 2013
Facilitated by Field Partner: Tanaoba Lais Manekat Foundation (TLM)

Lenders and lending teams



Loan details

Loan length:

38 months
Disbursed date: May 20, 2013
Facilitated by Field Partner: Tanaoba Lais Manekat Foundation (TLM)