Semuel is a fishmonger, selling fish around his residence. Semuel has to walk daily about 10 km to reach the market, but sometimes he uses a motor taxi.
Semuel really wants to improve his daily income as he realized that his children will need more money for their educational fees. The situation led Semuel to request a loan from TLM amounting to IDR 5,000,000. He plans to use the loan to buy more fish and vegetables to be sold by his wife.
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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