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Jacinta is taking a loan of $1000 to improve her business. She is married. She runs a kiosk which helps her to generate income for her family. Jacinta will use the loan to buy stocks of items such as tissue, pants, shorts, short dresses, and other clothes to keep in her store. She opened her clothing kiosk a year ago with her own working capital of $200. Jacinta is a hardworking woman, and she hopes to run a bigger business 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 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
  • 101
    View loans »
    Timor-Leste Loans Fundraising
  • $2,207,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jacinta to buy tissue, pants, shorts, short dresses, and other clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 24, 2013
May 26, 2013
Currency Exchange Loss:
May 17, 2014