Maria used to work in a government agency and retired one year ago. In order to spend the time after retiring, Maria is raising livestock such as “Bangkok” chickens and ducks to assist her husband in generating more income.
Currently, Maria is planning to improve her business by raising chickens and selling fried cakes such as fried banana, donuts and bread. She has built the stall but she does not have money to do the business. Therefore, she is requesting a loan of IDR 7,500,000 from TLM to purchase chicks and ingredients for cakes such as wheat flour, eggs, sugar, etc. Maria is expecting 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