Albert is a hardworking man; he takes on the responsibility to support his family. Albert has been accustomed to working at the farm since he was at school in order to help his father in cultivating plants such cucumber, rice, tomatoes, and vegetables. In addition, Albert is also raising livestock such as pigs, chicken and goats to sell at the market. The income from his business is used to meet his family's daily needs.
Albert dreams of cultivating more plants at the farm such cucumber and tomatoes. He is sure that he will generate more income since he could harvest more. Therefore he would like to request a loan of 5,000,000 Rupiah (IDR) from TLM. He would spend the loan on more seeds, fertilizer and pesticide. He believes that the loan will support him in improving his 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.
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Success!! The loan was 100% repaid