Theodora runs a food stall business which sells fried rice, yellow rice (made with coconut milk and turmeric) with side dishes, snacks and cold beverages. The business is located at an elementary school near her residence.
Prior to running a food stall business Theodora used to sell clothing, shoes and bags from one house to another. She ran the business for three years and stopped the business once she had her youngest child. Theodara enjoys her current business as it is only operated for seven hours a day.
Now Theodora is seeking a loan amounting to IDR 3,000,000 from TLM to purchase more snacks, instant beverages as demanded by the customer (particularly the children at school) and a refrigerator. She hopes that TLM will help her by providing the loan to improve her 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