Yahya owns a kiosk business selling various stocks such as instant noodles, sugar, soaps, candies, mobile phone credit recharge, lubricants etc. The business is located beside his residence. He has been running the business for one year.
According to Yahya, the income generated from the business enables him to support his parents in covering their daily needs and benefits the community as well since the village is situated quite far from the town. Yahya plans to add more stock requested by the customers but he needs capital to do so. Therefore, Yahya is requesting a loan of IDR 10,000,000 from TLM. He would like to spend the loan on business stock such as rice, sugar, petrol and kerosene as well as to renovate his kiosk. Yahya is expecting that TLM will assist him by providing him with the loan.
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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Success!! The loan was 100% repaid