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Guilhermina
Guilhermina is taking a loan of $1,500 from TRM (Tuba Rai Metin). She is married and runs a shop to generate income for her family. She has been thinking about how to run a big business but she does not have enough working capital. She felt better after applying for her first loan. Guilhermina will buy some additional merchandise for her store such as secondhand clothes, secondhand shoes, and secondhand bags. She is happy that TRM offers loans to poor people.

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
  • $1,550,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Guilhermina to buy secondhand clothes, shoes, and bags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 24, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014