Yamrid, 39, and his wife Wilhelmina, 34, have been blessed with two children from their marriage. Yamrid and his family live in a very remote area with a rocky road and very limited access to public transportation. Yamrid uses this opportunity to earn money as a motor taxi driver. Every day, Yamrid hauls passengers and also agricultural products to be sold in the city. Recently, Yamrid had an idea to buy all these products from his passengers and resell them in the market. It can help the passengers to reduce their transportation cost while helping him earn more income. To get the loan assistance, Yamrid went to TLM and requested a loan of IDR. 5,000,000. He would like to spend that loan on bananas, corn, vegetables, potatoes, peanuts etc. Yamrid believes that the business would be better improved and brings good advantages for his family.
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.