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Candida has been involved in business activities since 2007. She started with her own working capital of $ 200. She is aged 25, and has two children, one of whom is in school. Her husband is a business man. She has a kiosk in front of her house. She is taking a loan from Tuba Rai Metin to buy additional supplies to sell including cigarettes, candles, oil, books, pens and rice. She hopes to live a better life and give her children a good education.

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 or to improve their living conditions. 

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
  • 104
    View loans »
    Timor-Leste Loans Fundraising
  • $2,195,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Candida to buy rice and other goods for her kiosk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 9, 2012
Nov 29, 2012
Currency Exchange Loss:
Feb 19, 2014