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Lasiman, a 62-year-old widower is living with his children: Dedi, 31 and Merina, 25; both are working. Lasiman used to work as a diesel engine mechanic for years. With the experience from his previous employer, Lasiman initiated his own business at home.

He repairs car and motorbike engines. Currently, Lasiman has many orders to repair cars and motorbike as well. The lack of capital to purchase spare part and equipment led him to seek money in order to complete the orders on time.

In fact, his children are willing to provide capital but Lasiman does not want to lean on them. He knew that TLM always assists small entrepreneurs in improving their business. Therefore, Lasiman is requesting a loan from TLM of IDR 5,000,000 to buy a compressor, a spark-plug wrench, a shifting spanner, and an adjustable spanner etc. Lasiman really hopes that TLM will approve his loan application shortly.

Additional Information

About Tanaoba Lais Manekat

This 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.

About Indonesia

  • $5,200
    Average annual income
  • 122
    View loans »
    Indonesia Loans Fundraising
  • $6,318,525
    Funds lent in using Kiva
  • 8,978.0
    Indonesia Rupiahs (IDR) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Lasiman to purchase a compressor, a spark-plug wrench, a shifting spanner, an adjustable spanner, etc.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Jan 25, 2012
Feb 7, 2012
Currency Exchange Loss:
Jun 15, 2012