Muliati owns a food stall business and sells food items including meat balls, nasi campur (mixed rice), nasi rendang (rice with beef curry), fried chicken, fried soy bean, etc.
She has been involved with the business for years. At first she sold only yellow rice but she was able to improve her business by expending the range of food she sells. A couple of days ago, Muliati initiated a simple food stall located near the main road. She plans to buy more equipment and cooking ingredients but she has very limited capital to do so, therefore she applied for a loan from TLM amounting to IDR 10,000,000. She plans to use the loan to buy a new display window, more plates, beverages, a cool box, and cooking ingredients.
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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Success!! The loan was 100% repaid