To make a living, Grasindo works as a building laborer and motor taxi driver. He utilizes his neighbor’s motorcycle to run the business. The income generated from his motor taxi business is divided fairly with the motorcycle owner. Grasindo really wants to buy a second motorcycle at a low price but his lack of capital has prevented him from implementing his plan. He then heard about TLM and got interested in joining the lending program. Grasindo requested a loan amounting to IDR 5,000,000. He would like to spend the loan on a second hand motorcycle.
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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