Mukiyati has owned a catering business since 2003. Twice a week, she receives orders from some agencies to provide lunch or snacks for office meetings or another occasion. Her business is running well and the income generated is quite good enough to meet her household needs.
Later on, Mukiyati wants to initiate a food stall where she could sell more foods, not just those based on orders. She realizes that the limitation of capital she has could not help her to implement her dream. Therefore, she applied for a loan from TLM of IDR 4,500,000. This loan would allow her to buy some equipment such as a stove, a cooking pot and a frying pan, dozens of plates, spoons and glasses, and also basic ingredients such as rice, vegetables and others.
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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