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Juliana
Juliana is applying for a loan of $ 800 (USD) to improve her business. She is running a business in front of her house selling palm wine, noodles and gasoline. She is making a good income from selling palm wine, noodles and gasoline and she wants to buy more stock with the loan. She is living in a town near the main road so she sells every day and many people come to buy. She started her business in 2013 with her own working capital $300.

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.

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About Timor-Leste

  • $6,800
    Average annual income
  • 185
    View loans »
    Timor-Leste Loans Fundraising
  • $1,888,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $800 helped Juliana to buy and sell palm wine, noodles and gasoline.
70% repaid
Repayment Term
31 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 18, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
N/A