Check out some available loans that are similar to this one!
Teresinha
Teresinha, a 33-year-old married mother of three, lives in a village that is far from the city. Married to a farmer, she operates a fishing business she started in 2003 with working capital of $100. The income generated helps her to support her family.


Teresinha is requesting a loan of $600.00 to buy fishing materials to improve her enterprise. She is happy because TRM (Tuba Rai Metin) is helping the poor to improve their lives.

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
  • $1,514,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Teresinha to buy fishing materials.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
Apr 30, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014