Maximilla owns a plot of land, on which she cultivates vegetables, tomatoes, beans, chilli and rice paddy. She usually sells the produce in the market. Prior to running this business Maximilla operated a kiosk business, but Maximilla decided to close her kiosk business, and concentrate on the current business to enable her to generate more income.
Maximilla has plans to cultivate more vegetables, but she needs more money to buy more seedlings and fertilizer. Therefore she has requested a loan from TLM of IDR 10,000,000. Maximilla hopes that she wil be able to improve her business with the loan assistance from 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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