Meni’s husband supports their family by selling fish from door to door, but the profit generated is often insufficient to fully cover their daily needs. Meni then decided to run her own business, a kiosk, to support her husband in generating more income. Meni has been running the business for three years. She initiated the business by using her own small capital.
Meni and her husband are a hard-working couple. They are thinking about running another business such raising livestock: cattle and pigs. Meni is optimistic that the business will help them generate more income for their family. Therefore, she would like to request a loan of IDR 10,000,000 to purchase young cattle and piglets to be raised and to purchase more stock such as instant noodles, shampoo, snacks, etc. for her kiosk business. Meni is hoping that TLM will approve her loan application soon.
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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