Marince initiated her small kiosk at home last year using her own capital. With the limited capital that she had, she could only sell limited products i.e. sugar, betel vine, snacks, detergent, instant noodles, cigarettes, shampoo, etc..
Marince would like to improve her business to generate more income as she realized that her children will need a lot of money for their educational costs. She would like to build a small kiosk in front of her house and provide various daily needs i.e. cooking oil, bath soap, mobile phone recharges, etc.. To be able to implement her plan, Marince then requested a loan from TLM amounting to 3,000,000 IDR. She is expecting that the loan assistance will enable her to improve her business.
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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