Anci has been running a poultry business for 10 years, starting before her husband died five years ago. She is thankful that this business enables her to finance her grandchildren's needs. Anci and her late husband initiated the business by breeding about 300 to 500 chicks but, since he died, Anci can only breed 200 chicks. Currently, Anci intends to buy 300 chicks to breed but she does not have enough money to do so. In order to improve her business, Anci requested a loan from TLM of 4,500,000 Indonesian rupiah to purchase three packages of chicks to raise and fodder.
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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Success!! The loan was 100% repaid