We are a small family with 2 children in Indonesia. Almost exactly three years ago, my family and I relocated from Jakarta City to Downtown Semarang. While we were raised in the Jakarta, we felt this would ease the transition for us as well as adhere to some of our lifestyle values. Let me assure you, the transition to small city in our country was extremely purposeful for us. It not only brought us closer as a family, but it taught us many valuable lessons regarding our purpose as well as the falsely-inflated value we place on our possessions.
Here were some of our reasons for the move: We were accustomed to simple lifestyle, we like to be out and about, we are a one-car family, and therefore like public transportation, and most importantly, we wanted nothing to do with a commute.
We have two children, ages 5 years and 6 weeks (when we moved). I was recently terminated from my contract in November 2016 and cannot get unemployment because I was laid off in November and My husband was a Freelancer Graphic Designer but he does not make enough money. The first year when the move we decided to rent a house, and the second year we decided to buy a house on credit, it's like a dream come true for us. The first year home loan payment runs smoothly enough (at that time the banks use the flat rate system), but in the second year the situation changed dramatically. Bank unexpectedly raised bank rate significantly. And payments started late, and family economic circumstances begin unstable.
Now we are already in arrears for 4 months. Bank will immediately take over our house if we do not immediately pay the arrears. I find myself in this situation, and as much as I hate to do this, I'd hate myself even more by not asking for help. In order to be able to save our house we have to finish paying off arrears and at least half the number which puts us short $5,500. I tried asking for a remission at the bank but we have been told if we do not pay the balance owed our house will be foreclosed on within 90 days. Please help us keep our house we have been here three years
Meanwhile we are running a family business to support our family financial problems. We ended up running an online business selling custom baby blankets, which has been running for several months. Business prospects look promising enough, it's just that this business is running very slow due to lack of capital. My husband is looking for another job so that we can keep the house.
If you find yourself able to donate I would ask to please consider helping us out. I would appreciate it so very much. As I mentioned before I hate to do this but I have exhausted all other options.
Thank you SO MUCH for your help and thank you for taking the time to read this.