A $1000 loan is requested by Paulina. She is a widow with 2 children, both are in primary school. Paulina has a kiosk in front of her home. She has been operating her kiosk since 2005 with a starting capital of $400.
Paulina will purchase additional supplies for her store with the loan, including noodles, oil, soap, cigarettes, fish and vegetables. She lives in a simple house made of palm branch for walls and zinc for roof. She wants to open a bigger store 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.