Ridwan bought a motorbike in installments to assist him to earn money for his family. At the moment, Ridwan still has to repay the installment for 5 months- amounting to 680,000 IDR/month.
The income earned from the business was spent to repay the installment so Ridwan could not meet his family's needs properly. Ridwan was thinking to pay off the installment; therefore he is requesting a loan from TLM amounting to 6,000,000 IDR. He is optimistic that his income would be able to repay a loan from TLM and meet his family's needs as well.
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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