A loan of $1,125 helped to add more menus, expand the food stall and buy a new table.

Parniati's story

Parniati is a 50-year-old lady. She is originally from Jombang, East Java – another province in Indonesia. She is married to Yadi, a 53-year-old man who is running a furniture business on a small scale. Parnati and Yadi have been blessed with two children: Siswoyo and Abdi. Both have graduated from school and are currently living in Jakarta.

Parniati is running a food-stall business in Lili Market, about a 40-minute drive from Kupang City. She has been running this business for five years to support her husband, as his income from selling furniture is unstable as a result of expensive raw materials. Initially, Parniati aimed to run a second-hand clothes business, but this business will require her to move from one market to another market according to the market schedule. She then decided to run a food-stall business as she realized that not so many people run a similar business at the Lili Market, which is situated not far from her residence.

To run the business, Paniati borrowed money from a cooperative with daily repayment. The interest rate charged was quite high, but Parniati didn’t have another option. Due to the limited capital that she has, Parniati couldn’t improve her business. She then heard about TLM's lending program and got interested in joining the program for its monthly repayment and achievable interest rate.

Parniati is requesting a loan amounting to IDR 10,000,000 from TLM. Parniati plans to add more menus in her food stall, expand her food stall and buy a new table for the food stall. Parniati really hopes that the loan can help her to improve the business.

Loan details

Lenders and lending teams

Loan details