Rudy has been running a repair shop business for 6 months. Prior to running the business, Rudy used to work at a cooperative as an accounting staff member. After he had a terrible motorcycle accident last year, Rudy resigned from his job. After recovery, Rudy decided to initiate a repair shop business at home by using his own small capital. Day after day, Rudy gets customers so he can cover his family’s living expenses.
Recently, some customers asked Rudy to re-paint their car; Rudy thinks this is a good chance to earn more money. Unfortunately, he does not have enough money to do this. He would like to buy some materials and equipment such paint, sandpaper, thinner and putty. Therefore, he is requesting a loan amounting to IDR 6,000,000 from TLM. Rudy hopes that he will get the loan as soon as possible.
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