Octovianus is a vegetable farmer. He has been working as a farmer for years. He is cultivating “Kangkung” vegetable, which he sells to his regular customers and is consumed by his family. Octovianus usually harvests the crop after 30 days.
Currently, Octovianus plans to try another business – that is, raising pigs. He is thinking that the business is a good opportunity for him to generate more income in the future. He is requesting a loan from Kiva partner TLM amounting to IDR 10,000,000. Octovianus will spend the loan on piglets to be raised and on fodder. He is hoping that his loan application will be approved by TLM.
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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