Yenni has been running a small kiosk business at home for a year. She sells daily basic needs such as: cooking oil, coffee, salt, cereal and snacks, and candies for children. Even though the income earned from the business is a small amount, it enables her to help her husband in covering the cost of her family's daily needs.
Currently Yenni dreams of improving her business by adding more stock at her kiosk but she does not have the capital to follow this plan. Therefore, she is requesting a loan of IDR 7,500,000 from TLM. This loan will be spent on more kiosk stock such as sugar, rice, biscuits, cigarettes and soft drinks.
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!