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Rosita
Rosita is 33 years old. She is married and she has eight children; three of them are in school. She has a kiosk in front of her house. To improve her kiosk, she is requesting a loan to buy more stock to keep in her kiosk. She has been doing business for the past three years. She lives in her simple house with her family. She hopes to build a good house and make her business 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
  • 5
    View loans »
    Timor-Leste Loans Fundraising
  • $1,508,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rosita to buy drinks, biscuits, noodles and a refrigerator to keep drinks cold.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 29, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 22, 2013