To cover their daily needs, Simon works as a fishmonger. He sells fish from one house to another. He used to work as a public minivan driver for 10 years but he then resigned from the job and decided to be a fishmonger three years ago. Simon usually wakes up at 4 am to buy fresh fish from the fisherman and then resells them to his customers.
Simon realizes that he cannot survive with his current business because sometimes in rainy season he has difficulties getting fish from the market. Therefore, Simon is thinking of trying another business: raising pigs and reselling them to the pork traders. Simon is requesting a loan from TLM amounting to IDR 4,500,000. He wants to spend the loan on two pigs to be fattened. He hopes that his loan application 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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