Mars has been running a food stall business at one of school area for almost a year. She sells yellow rice with side dishes, such as fried egg, fried soybean, and fried noodles. She also sells instant noodles and kinds of cakes.
Mars plans to improve her business by selling cold drink as demanded by students at the school. Unfortunately, she does not have capital to do so. Therefore, she requested a loan from TLM, amounting to 3,000,000 IDR. The loan will be spent on cold drinks, a blender for juice, and a cool box.
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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