Sofira spends her days planting mango seedlings at the farm. She plants and tends them for a month then sells them to the reseller, up to hundreds of mango seedlings a year. The income from selling the seedlings has been used to cover her household expenses and the educational expenses of her children. In addition, Sofira plans to add more varieties of mango seedlings. To implementing her dream, Sofira submitted a loan application and requested a loan of IDR 10,000,000 from TLM to purchase seedlings, pesticide and fertilizer. Sofira really hopes that her dream will come true because of the loan assistance.
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