Yermi realized that he could only improve the business by offering more menu items and beverages, but the limitation on business capital has prevented his dream. Yermi went to TLM to ask for a loan. He is requesting a loan amounting to IDR 10,000,000, which he will use for buying business materials and equipment such as pork, a cooler box, a rice cooker, a juicer, and additional cooking ingredients. Yermi is optimistic that the loan from TLM will make a difference to his business.
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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