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Helia
Helia is 40 years old and married with three children. Her eldest child is in senior high school now. Her husband is a security guard.

Helia has a kiosk where she sells general store items. With the loan, she will purchase additional items for her store, including noodles, eggs, candles, detergent and oil. She opened her kiosk in 2005 with working capital of $150. She has a farm on which she grows bananas, corn and sweet potatoes. She wants her business to grow bigger in the future.

Additional Information

More information about this loan

This loan is part of TRM’s effort to reach microentrepreneurs in East Timor, a region suffering from a deeply underdeveloped financial sector. Since its independence in 2002, East Timor has struggled with internal tensions which led to the quasi disappearance of its financial system. As of 2012, TRM is one of only two MFIs operating in East Timor trying to respond to the needs of thousands of microentrepreneurs. This loan provides underserved borrowers with critical capital to sustain their existing businesses. 

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
  • 0
    View loans »
    Timor-Leste Loans Fundraising
  • $1,464,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Helia to purchase additional items, including noodles, eggs, candles, detergent and oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 20, 2013