Sesawi B1 Group

Thank you for your loan. It has been disbursed to Sesawi B1 Group, consisting of Oktofianus Tibnoni, Ananias Sakan, Meliana Sakan, Meliana M.kase, Erny Boys, Yori M.kase, Fransina Tasey, Yohanis Nesimnahan by Tanaoba Lais Manekat Foundation (TLM) in Indonesia. We are excited to watch this business grow. Over the 12 months of this loan, Tanaoba Lais Manekat Foundation (TLM) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Dear Kiva Lenders,

Last Thursday, our Kiva Field Officer and our Kiva Fellow - Cissy went to Usapi Sonbai Village to verify the Kiva borrowers and to get an update on Sesawi B1 Group. They took for about one and a half hours to get into the village. The road in this village hasn’t been asphalted yet.

When they arrived in the village, they met with Oktovianus Tibnoni in his house. The house is small and constructed by the palm leaves roof and dirt floor. Oktovianus was talking with his neighbor in his neighbor house when the field officer and the Kiva Fellow came. He then returned home and welcomed the field officer and the Kiva fellow with open arms. Oktovianus then invited the field officer to his cattle stall to see the cattle. He was interviewed at the cattle stall.

Oktovianus is the group leader of Sesawi B1 Group. He has received a loan amounting to IDR 3,200,000. This loan has been spent to buy cattle to be fattened over a 12 month period. Currently, Oktofianus is in the second month of the loan. He is keen to feed the cattle because he believes that his effort will earn a good profit.

He usually starts his daily activities at 05.00 am by cultivating his farm and feeding the cattle twice a day. He usually returns home in the evening. He is really happy for receiving the loan as he only have to fattened the cattle over 12 months and after that the cattle can be sold and he can get the profit.

Oktovianus said that there were some microfinance institutions in this area offered him their loan products, but he didn’t interested to join them as the interest rate charged is too high and they also asked for the collateral that he can not afford as he only a poor farmer.

According to Oktovianus, his family’s live is run well. His child just aged 11 months. He hopes that the loan that he got can motivate him to work hard so he can change and improve the living standard of his family and minimize his worries about the future.

He is really thankful for the loan that he has received. He is sure that the loan is really useful for the poor people like them.

Thank you Kiva lenders,

TLM Staff