Frans works as a technician at a workshop. In order to generate more income, he plants pumpkins in his farm, located about five kilometers from his house. Every three months, he sells the harvest at the market. Frans was thinking to sell more produce such as vegetables, pumpkin leaf, spinach, yellow pumpkin, etc. Therefore, he has requested a loan of 6,000,000 IDR from TLM to purchase them from other farmers. He hopes that this loan provided by TLM will help him to improve his business in the future.
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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