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Silvina
Silvina is 26 years old and she is now applying for a loan of $1.000 U.S. to improve her business. She opened her kiosk in 2010 with her own working capital of $ 300.00. She earns a good income from her business.

She will use her loan to buy some stocks to keep in her store such as body lotions, soft drinks, beer, noodles, coffee, sugar, oil, fish, salt and rice. She is a very hard working woman. 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

  • $3,100
    Average annual income
  • 0
    View loans »
    Timor-Leste Loans Fundraising
  • $1,583,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Silvina to buy fish, oil, coffee, sugar, rice, salt, noodles, soft drinks, beer, etc.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014