Five months ago, in order to earn more income, Sarah bought a used “bemo” (public transport). The bemo operates every day. Sarah has planned to replace the tires and the accumulator, as well. She requested a loan of IDR 12,000,000 from Tanaoba Lais Manekat Foundation (TLM).
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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