Melkisedek used to work as a public minivan driver. Since the income earned from that job was insufficient for his family needs, he then decided to resign and initiated a kiosk business.
He plans to complete the stock in his kiosk by adding rice, kerosene, milk, sugar, coffee, snacks, mineral water, etc. Melkisedek is seeking a loan of IDR 5,000,000 from TLM. Through this loan Melkisedek hopes that he can improve his business. He is expecting that TLM will provide a loan for his business improvement.
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