Adelina is running a minivan business. The income from the business really helps her in covering her family’s living expenses and the school fees of her children. Unfortunately, she could not generate any income during the past four months due to the damage on the minivan’s machine. Adelina really wants to fix the minivan, but she does not have adequate capital to do so.
Adelina then is requesting an IDR 5,000,000 from TLM to cover the spare parts and the repair cost. The remaining portion of the loan will be used to initiate a home-based kiosk business. Adelina hopes that she can get more income by trying the new 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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