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Celina has been offered a $600 loan to improve her business of selling petrol. Many people come to buy petrol from her every day. With the loan, Celina will buy some additional supplies, such as petrol and diesel. She has been involved in this business since 2011. She is comfortable running her business because she is able to 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 or to improve their living conditions. 

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
  • 27
    View loans »
    Timor-Leste Loans Fundraising
  • $2,408,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Celina to buy petrol and diesel.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Apr 17, 2013
May 9, 2013
Currency Exchange Loss:
Aug 17, 2014