Efron is a 32-year-old man and is married to Merry, a 33-year-old lady. They have 2 children from their marriage: Fito, 10 who is attending Elementary school grade 4 and Fredon, 5, who is attending play group. A year ago, Efron initiated a kiosk business to improve his income. He provides basic necessities i.e. sugar, cooking oil, coffee, tea, biscuits and snacks. Efron realizes that his family needs would increase sooner or later so he would like to provide more items to sell in order to increase his business income. To implement his plan, Efron is proposing a loan from TLM amounting to IDR 3,000,000. The loan would help him to provide more stocks i.e. bath soap, detergent, mosquito coils, wheat flour, salt, shampoo and mobile phone recharges.
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.