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Olandina
Olandina is a 48-year-old married woman with nine children; five of them are in school and her husband is a fisherman. She has a kiosk in front of her home to supply people in her village with basic goods. She will purchase additional supplies for her store with the loan, including flour, oil, soap, and fish. She lives with her family in a house made of bricks with zinc for the roof. She would like to build a stronger house for her family and hopes to earn enough in her business to support her children to go for higher education.

Additional Information

Information about TRM

Tuba Rai Metin (TRM) is a microfinance institution in East Timor, one of the smallest, newest and least developed countries in Southeast Asia. The organization provides credit, savings and micro-insurance services to more than 7,000 clients. Its goal is to extend its reach into even more remote regions through branchless banking services.

About Timor-Leste

  • $3,100
    Average annual income
  • 2
    View loans »
    Timor-Leste Loans Fundraising
  • $1,583,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Olandina to buy flour, oil, soap, and fish.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2014