Anna is a seamstress and is also running a kiosk business. Anna runs these businesses at her residence. Her husband, Lambertus, is also skilled in sewing clothes and decided to open a sewing business in other place. They are expecting to earn more income from these businesses. Sometimes Lambertus also helps her to complete stitching orders from customers if she has many orders.
Since her sewing business is running well, Anna was thinking to improve her kiosk business by completing her inventory with more stock as demanded by customers. She is requesting a loan amounting to 4,000,000 from TLM. The loan will be spent on sugar, eggs, instant foods, coffee, oil, etc.
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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