Just like many other farmers, Vinsensius relies on the season to cultivate his plants. Therefore, the income generated from farming is unstable. To overcome the lack of income during the dry season, Vinsensius also runs a pig-breeding business.
Vinsensius is seeking to have more adult pigs to be raised in order to produce piglets to sell. Therefore, he has requested a loan of IDR 7,500,000 from TLM to buy four adult pigs, food and additional zinc to initiate the pig stall.
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