Lambertus is a fisherman; he is very enthusiastic in doing his job. He usually catches fish in the afternoon and returns home in the next morning using his boat. Lambertus also employs two assistants to help him.
Currently Lambertus cannot catch fish since his boat is damaged. For that reason Lambertus is requesting a loan from TLM amounting to IDR 4,000,000. He would like to spend the loan on machine tools to repair his boat and a new trawl since the old one is no longer feasible to use. He is hoping that TLM will help him through 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