Simeon has been running a kiosk business with his wife for 7 years. Simeon is also an employee at a store. His wife assists him by managing the kiosk business as he works at the store. They started the business by using their own capital to build the small impermanent kiosk. Day by day their kiosk business is growing, and they are so thankful for the 1st cycle loan they received from TLM as they grow their business.
Nowadays their kiosk has become a permanent kiosk with more stuff to sell. In order to add more stock for a Christmas sale, Simeon is applying for an individual loan in the amount of IDR 4,500,000. The loan will be spent on soft drinks, flours, sugar, etc. to be sold in their kiosk.
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.
Join our lending team TLM West Timor.
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Success!! The loan was 100% repaid