To support his family, Mario is running a poultry business. He has been engaged in this business for three years. He initiated the business by raising 100 chicks. Since the business is growing well, Mario was able to raise more than 200 chicks in the coop. He recently sold the chickens after raising them for a month.
However Mario is thinking to add more chicks to be raised. He is sure that his chickens will be sold quickly, particularly on Christmas Day. For that reason, he is seeking the loan from TLM amounting to IDR 10,000,000. He would like to purchase more chicks and feed for them. He also wants to enlarge the coop so it will be able to accommodate the additional chicks. Mario believes that the business income will enable him to support his children's education costs and to renovate his house as well.
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.
Join our lending team TLM West Timor.
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