Melly is a housewife who has been running a chicken breeding business for 7 years. She used her own capital to establish the business to generate more income. Unfortunately, over the last year, the business suffered a loss as all of the chicks died of disease. However, the business income was spent to finance Melly's mother's medical treatment costs.
Now, Melly wants to recommit the business, but she does not have enough cash to do so. She has applied for an individual loan from TLM of IDR 3,000,000. The loan will be used to purchase 2 boxes of chicks and a feeder. Melly is expecting that the business will run well, so it will enable her to repay the loan and have a better business income.
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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