After graduated from senior high school, Miklon decided to work as a motor taxi driver and livestock seller to support his parent in meeting their family needs. The livestock market is only operated once a week. With the limited capital that he has, Miklon is only able to sell 1 pig or goat from a local farmer and resell it at the livestock market.
Miklon would like to sell more livestock and therefore requested a loan of IDR 5,000,000 from TLM. He hopes that that the loan would help him improve 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.
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