A note to you as a Funder
- All loans originated by Koperasi Simpan Pinjam Tanaoba Lais Manekat are not non-performing loans; they have never been late in payments and have never been restructured. Thus, borrowers of these loans have a good credit record.
- MEKAR has carefully audited Tanaoba Lais Manekat Savings and Loans Cooperative’s financial statements and performance.
About Koperasi Simpan Pinjam Tanaoba Lais Manekat
- The Tanaoba Lais Manekat Savings and Loans Cooperative was established in 2011 in Kupang, East Nusa Tenggara, by a foundation of the same name.
- Tanaoba Lais Manekat employs group lending model in a bid to reach out to the unbanked population in the eastern part of Indonesia.
- One of the cooperative’s flagship services is called SeSama, a group lending program offered exclusively to women borrowers.
Koperasi Simpan Pinjam Tanaoba Lais Manekat in numbers
As of January 2019:
- 125,061 microcredit borrowers
- IDR 108 billion in loans outstanding
- 0.30% non-performing loans
- 31 branch offices, with 7 more slated to be opened this year
- Coverage: East Nusa Tenggara (Timor Barat Island, Sumba Island, Flores Island, Alor Island, Sabu Island, and Rote Island), Central Sulawesi (Palu), and Bali (Buleleng).
Tanaoba Lais Manekat Foundation’s mission
To show the love of God to the world by empowering poor people, micro and small entrepreneurs in Indonesia to improve their living standard.
To show the love of God to the world by empowering poor people, micro and small entrepreneurs in Indonesia to improve their living standard.
PROFILE
Partner KSP Tanaoba Lais Manekat
Headquarters
JL. AHMAD YANI NO.43 RT.012 RW.004, OEBA KOTA LAMA KUPANG, NUSA TENGGARA TIMUR
081239411713
Website http://tlmfoundation.or.id/id/unit-usaha-kami/ksp-tlm/
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