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Yohana
Yohana has a kiosk where many people come to buy every day. She wants to buy some additional supplies such as biscuits, noodles, sugar, coffee, milk, cooking oil, and a refrigerator to keep the drinks and other things.

A $1,200 loan was offered to Yohana to improve her business.

She has been doing business activities since 2006. She feels so comfortable to run her business because she can earn money every day.

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
  • 157
    View loans »
    Timor-Leste Loans Fundraising
  • $1,891,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Yohana to buy biscuits, noodles, sugar, coffee, milk, cooking oil, and a refrigerator.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 23, 2014