Esly usually operates her kiosk from 6 a.m. until 9 p.m. She sells variety of snack items, noodles, sugar, cigarettes, detergent, biscuits, soap and many other household needs. She started her kiosk business by using her own money as business capital. Her money just enabled her to buy a variety of small items. She was only able to generate a meager income from her kiosk.
Esly joined TLM’s small group lending program for two loan cycles. All loan money was used to add more items to her kiosk. She can generate a better income from the improved business stock. However, she still wants to expand her kiosk by selling basic household needs such as rice, kerosene and gasoline that are not available at her kiosk at the moment. For that reason, she is requesting an individual loan amounting to IDR 3,000,000 from TLM. She definitely believes that loan will help her to improve her business.
About Tanaoba Lais ManekatThis loan is administered by Tanaoba Lais Manekat (TLM). TLM is a microfinance institution that seeks to improve the quality of life of poor communities in the province of Nusa Tenggara Timur in Indonesia. TLM has been operating since 1995 and, in addition to providing microloan and savings services, provides client training on financial management and entrepreneurship.
TLM’s head office is based in Kupang, West Timor, Indonesia. Kupang is the capital city of Nusa Tenggara Timur province in eastern Indonesia. Nusa Tenggara Timur is the province with the least favorable social and economic statistics of all the 33 Indonesian provinces.
Join our lending team TLM West Timor.
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