The income generated is unstable and insufficient to fully cover his family's needs. This situation led Yanwar to initiate a new business that is to lease out rooms. Yanwar has 3 empty rooms to lease out but he needs to renovate them. To implement his plan, Yanwar requested a loan from TLM amounting to IDR 4,000,000 to be spent on ceramics, sand, cement and wall paint.
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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