Nonci initiated a pig breeding business two years ago. She usually raises pigs for seven to eight months before selling them. The selling price is around IDR 3,500,000 per pig, depending on the weight of the pig. The income from the business enables her to support the needs of her family and her children's school fees.
Nonci has four pigs to rise at the moment, and one of them is ready to be sold. She desires to purchase more piglets to raise and also to build more room at her piggery. Therefore, she has applied for a loan from TLM in amount of IDR 10,000,000. The loan will be spent on piglets and materials to build more room at the piggery.
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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