Mince’s husband is a disabled parking man, but a month ago he was entrusted as a security guard at a newly opened hotel downtown.
In order to support her husband in fulfilling the family needs, she established a kiosk business three years ago, using her own capital in the amount of IDR 150,000. The kiosk is located in their living room, selling snacks and soft drinks. Sometimes she also works as a washerwoman from home to home, as well as a scavenger who collects plastic items that can be recycled for sale at the collecting agent of used goods.
The dream of a brand-new kiosk separated from her living room has led her to apply for an individual loan of IDR 4,500,000. The loan will be spent to purchase a small new kiosk next to her house and to purchase more stocks, such as detergents, soaps, cooking oil, etc.
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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This loan has been fully funded!