In order to generate her family income, she runs a poultry business. She started the business using her own capital in the amount of 2,000,000 IDR (Indonesian rupiah) to buy two boxes of chicks, medicine for the chicks and the fodder. The income is used to fulfill the family needs.
Currently, there are 1,000 chicks in the stall, and she wants to purchase the fodder and also a better quality of medicine for the chicks, but she lacks the money to do so. Therefore, she asks for an individual loan from TLM in the amount of 3,000,000 IDR. The loan is spent to buy three boxes of the medicine and also the fodder for the chicks. She hopes that the business runs well, so it will help her to repay the loan to TLM.
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