Marselinus owns a business selling coconut and gasoline. He has been involved in the business since 2010. In order to generate more income, Marselinus recently started selling coconut ice. He operates the business from 9 a.m. to 7 p.m.and is assisted by his wife and his children.
Marselinus wants to enhance his business by selling mung bean porridge. He believes that the more food he sells, the more income he earns. To implement his dream, Marselinus is proposing a loan from TLM amounting to IDR 3,000,000. He wants to use the loan to build a cart and to purchase a stove, cooking pot, glasses, 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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