Hilaria lives with her family in a simple house. She is responsible for providing for her family, since her husband had a stroke almost a year ago. In order to earn more income Hilaria is running a brick business. She has been involved in the business for two years. It is located at her house. From the business she also assists the youth in her village by employing 4 laborers so they can earn money for themselves. She started this business by using her own capital.
Hilaria plans to expand this business by purchasing the basic materials such as sand, cement and soil. Unfortunately, she doesn’t have adequate capital to do so. Fortunately, she met TLM’s loan officer who introduced her to TLM’s Individual Lending Program. She is requesting a loan amounting to IDR 10,000,000. She hopes that TLM will approve her loan application.
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