Check out other loans that are currently fundraising!
Adelaide
Adelaide is a hardworking woman who runs a kiosk to help generate income for her family. She opened her kiosk a year ago with her own working capital of 600 USD.


Adelaide is applying for a 1,000 USD loan through Tuba Rai Metin to buy more stock for her shop such as flip-flops, cigarettes, cookies and soft drinks such as Coca-Cola, Sprite, Sagiko and Fanta. She hopes to expand her 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. 

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
  • 79
    View loans »
    Timor-Leste Loans Fundraising
  • $2,024,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Adelaide to buy more stock for her shop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 28, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014