Melkianus is a 38-year-man. He has a son, Kristian, 3 years old. Melkianus generates income by being a fishmonger. He usually sells fish at the daily market from 5 a.m. to 9 a.m. If the fish are not sold out at the market, he sells them around his village in the afternoon. Besides selling fish, Melkianus also sells daily basic needs e.g., instant noodles, instant spices, snacks, coffee, and tea at his house. He displays these things in an old cupboard. Melkianus really wants to improve his business but unfortunately he doesn’t have enough capital to do so. He requested a loan of IDR 4,500,000 from TLM to be spent on various kiosk products as well as more fish to sell. Melkianus hopes that his business will improve after he gets the loan assistance.
About Tanaoba Lais Manekat
This 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.