Melianus is a 46-year-old man. He is still single and is living with his parents. As the only child who lives with his parents, Melianus realizes that he is responsible to meet the family necessities. Melianus generates income for his family by running a pig breeding business. His business activities include feeding the piglets, cleaning the pig stall, and selling the pigs at the market when they reached standard weight. Sometimes the customers come directly to his house to buy the fattened pig. Melianus is grateful that the income from the business has enabled him to meet the family needs even though it is unstable. He is dreaming of improving his income by purchasing three more piglets, food, and enlarging the pig stall. To cover the business expansion costs, Melianus is requesting a loan from TLM amounting to IDR 6,000,000.
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.