Check out other loans that are currently fundraising!
Amelia
Amelia is a 45-year-old widow with five children, all of whom are in school. She lives in a four-room, brick house with a zinc roof. Amelia opened her kiosk in 2000 and is requesting a loan to improve her business. She will use the loan to buy additional supplies, including noodles, beer, soft drinks, milk and rice, to stock her store. She earns a good income and will use the additional revenue to support her children to go to university and enlarge her business.

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

  • $6,800
    Average annual income
  • 81
    View loans »
    Timor-Leste Loans Fundraising
  • $2,015,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Amelia to buy additional supplies to stock her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 22, 2013