Markus’ businesses include distributing palm tree branches and poultry. These businesses have helped him in meeting the household needs and the schooling expenses of his children. To provide his family with better income, Markus intends to grow the number of palm tree branches to meet the demand of his customers. Unfortunately, Markus has very limited capital to make that happen. He then requested loan of IDR 10,000,000 from TLM to cover the cost of palm tree branches in bulk and 2 boxes of chicks.
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