To make a living, Petrus sells vegetables such as squash, mustard, spinach, salty fish, etc. He runs the business besides his house. In order to better meet his family's needs, Petrus intends to initiate a kiosk business at his home based to be operated by his wife but he has very limited capital to make it happen. Petrus went to TLM and proposed a loan of IDR 3,000,000. He would like to buy kiosk stocks such as soap, cooking oil, instant noodles, coffee, tea, sugar, snacks, etc.
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