Sriance used to run many businesses, i.e. a pig breeding business, a vegetables retailer, and a mat retailer in order to fulfill her living cost and her children's educational expenditures.
At the moment Sriance would like to only focus on expanding her mat retail business. She therefore submitted a loan application and requested a loan of 3,000,000 Rupiah (IDR) from TLM to purchase mats in big quantities. She plans to resell them to other mat retailers who sell the product at the harbor. She hopes that she can expand the business through the loan.
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.
Join our lending team TLM West Timor.
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