Oktofianus runs a furniture business near his house. He produces furniture such as desks, chairs, cupboards, shelves, and also coffins based on the orders from his customers. The income earned from the business enables him to cover his family's needs. At the moment, he needs to complete an order from a customer, but the lack of capital became a challenge for him in completing the order. He then submitted the loan application and requested a loan of 4,500,000 IDR from TLM. He would like to spend the loan on basic materials such as wood and a new wood plane.
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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