Yohanis has been engaged in the business for many years. He has built relationships with the furniture business' owner by providing teak wood once every month. He also has customers who regularly buy cattle from him.
Yohanis is thinking to improve his income by re-initiating a pig breeding business that he used to run. To implement his plan, Yohanis is requesting a loan from TLM amounting to 8,000,000 Rupiah (IDR). This loan will enable him to repair the used cage and purchase four more piglets.
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