The challenge for Ambo in running the business is the capacity to renew and add more the business stock to meet the demand of his customers. He is only able to renew the stocks once a week in order to save the transport cost.
Ambo has a plan to sell kerosene as demanded by his customers. To do so, he requested loan of 12,500,000 IDR (Indonesian rupiah) from TLM. He hopes that the loan would help him in improving the 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.
Join our lending team TLM West Timor.
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