In addition to being a laborer, Nimrod and his wife also sell “Cucur”, traditional cakes which are made of melted sugar. The problem the couple face is that they don't have a vehicle to distribute the cakes around their native island of Sabu.
Nimrod would like to buy a motorbike and he has applied for a loan from TLM for the amount of 7,000,000 Indonesian rupiahs (IDR) to purchase a second-hand one. He will use the motorbike to distribute cakes to schools and also offer a motorbike taxi service on the island. Nimrod hopes this venture will help provide his children with a brighter 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.
Join our lending team TLM West Timor.
60View loans »