Marianus has been running a minivan business for 10 months. Prior to running this business, Marianus used to work as a minivan driver for years. Marianus spent his savings to purchase a minivan as he wants to run his own business. He drives the minivan from his village to transport the passengers from downtown and otherwise. The income from the business is not always stable. This has become the reason why Marianus dreams of improving his business by selling coconuts and pigs downtown. To do so, he is requesting a loan from TLM amounting to IDR 10,000,000.
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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