Filomena is 26 years old. She is married and has one child. Her husband is a businessman.
Filomena 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 sugar, oil, soap, cigarettes, and vegetables.
Filomena started the business with her own working capital of $500. She also has a farm to grow vegetables. She hopes that with the income she can build a good house for her family in the future.
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.