Marthen has a kiosk business that helps him in supporting his family. Even so, the income is not sufficient to fully meet his family needs. As Marthen is the only income source for his family, he also sells agricultural products in the market. He buys the agricultural products from the farmers and resells it at the market. Marthen sells vegetables, potatoes, cassava, sweet potatoes, pineapples and bananas.
Due to the limited capital that he has, Marthen cannot buy agricultural products in bulk to resell.
Marthen dreams of developing a small building next to his kiosk to sell the crops. He will be happy because then he will not need to sell the vegetable in the market. He also wishes that he could buy agricultural products at bulk prices.
To make his dream come true, Marthen is requesting a loan of IDR 10,000,000 from TLM. He plans to spend the loan to buy more vegetables and to develop a small building to sell vegetables. He is hoping that TLM will help him in making his dream come true.
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.
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Success!! The loan was 100% repaid