Siti has been running a kiosk for six years using her own capital. She sells daily necessities such as detergent, bath soap, brooms, wheat flour, cigarettes, candies, etc. In addition to running a kiosk, Siti and Mulyono also have a rented room business that enables her to generate more income for her family’s living.
Siti is planning to improve her kiosk by adding more stock needed. She is requesting a loan of IDR 4,500,000 from TLM. She would like to purchase more stock such as rice, cooking oil, sugar, wheat flour, etc. for her kiosk.
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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