Check out other loans that are currently fundraising!
Eva
Eva is 56 years old and she is a widow. She has a daughter. She has a kiosk in the market. She is now applying for a $ 1000 loan from TRM (Tuba Rai Metin) to improve her business. She will use the loan to buy some additional supplies to keep in her store such such as, oil, cigarettes, slippers, onions and garlic.

She opened her kiosk in 2003 with her own working capital of $50.00. She is making a good income. She has paid her first loan of a $600.00 on time and this is her second loan. She is a good customer.

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
  • 53
    View loans »
    Timor-Leste Loans Fundraising
  • $1,661,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Eva to buy ingredients such as, oil, cigarettes, slippers, onions and garlic.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013