Tressa and her husband built a house to live in as well as to run the business in. She has spent their money to build the house, and now she would like to restock her beauty salon products and equipment. Therefore, she is requesting a loan amounting to IDR 10,000,000 to purchase a hair dryer, a hair steamer, a chair, a mirror, and other beauty salon equipment.
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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