Check out some available loans that are similar to this one!
Maria
Maria is now applying for a loan of $1,200 to improve her business. She opened a place to sell buffalo in 2008 with her own working capital of $2,000. She earns a good income from her business. She has a buffalo, chickens, dogs and pigs, and she has land to grow coffee. Her husband is a member of the military police, and they have 4 children.

She will use her loan to buy some livestock, such as a buffalo. She is a very hardworking 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

  • $6,800
    Average annual income
  • 183
    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 $1,200 helped Maria to buy a buffalo and other items.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 18, 2014