Hajral would like to add more variety of stock and improve his kiosk business by offering PlayStation games rental, but the profit he currently generates is not sufficient to support his plan. Hajral heard that Kiva partner TLM can help him by providing a business loan. He submitted a loan application requesting a loan of 12,000,000 IDR from TLM. This loan will be used to buy more stock, e.g. rice, wheat flour, cigarettes, snacks etc. for his kiosk and to buy three PlayStation units and televisions. He is sure that the improvement of his business will bring benefits to him in the future.
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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