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Imaculada
Imaculada is 35 years old. She opened her kiosk in 2000 with her own working capital of $ 70. She earns a good income from her business. She is now applying for a loan of $ 1,000 to improve it by buying some items to stock in her store such as body lotion, soft drinks, beer, noodles, and rice. She is a very hard-working woman and running this business has become her regular activity for the past 12 years. She wants to make her business bigger and improve her living conditions 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

  • $6,800
    Average annual income
  • 162
    View loans »
    Timor-Leste Loans Fundraising
  • $1,888,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Imaculada to buy body lotion, soft drinks, beer, noodles, and rice.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 22, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013