Meltu has been running a kiosk business for almost two years. He sells various household needs, such as food, snacks, cigarettes, bath soap, detergent, shampoo, and some cakes cooked by his wife. In addition to running a kiosk business, Meltu can also repair bicycles so sometimes he uses his skill to generate more income.
Meltu is planning to complete the business stock in his kiosk as demanded by the customers. In view of this opportunity, Meltu is requesting a loan of IDR 4,000,000 from TLM to purchasr various items such as soft drinks, snacks, etc. Meltu is expecting that the loan applications will be approved by TLM 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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Success!! The loan was 100% repaid