Fatmawati, 27, is married and has a son. She assists her husband making money for their family by distributing ice cubes and sweet ice to several kiosks and stalls around her residence. She usually sells 100 ice cubes and 250 sweet ices in a day. She could produce greater amounts of ice but she only has a freezer, meanwhile the need for ice is increasing day by day. Based on that, Fatmawati has requested a loan from TLM of IDR 5,000,000 to buy a new freezer. The new freezer will help Fatmawati to meet the needs of her customer as well as to improve her family income.
About Tanaoba Lais Manekat
This 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.