Rudolof requested an IDR 4,500,000 loan from Kiva partner Tanaoba Lais Manekat Foundation (TLM) to meet his customers’ demands. He will use the loan to buy two tons of corn, one ton of chaff and animal food. Rudolof hopes that the business will grow and bring more benefits for his family.
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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