Even though Salmun has a job as a teacher, he spends his spare time running a kiosk business in order to generate more income for his family. The business is located about 10 km from his residence.
Salmun provides corn, tamarind seed, rice, instant noodle, vegetables etc at his kiosk. Salmun is happy for this business, which enables him to finance his four children who are still at the university. Salmun would like to complete his kiosk with more stocks. Therefore, he is seeking a loan of IDR 5,000,000 to purchase rice, corn and tamarind seeds 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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