Check out some available loans that are similar to this one!
Eufracia
Eufracia is applying for a loan of $1.000 from TRM (Tuba RaiMetin). She is 38 years old. She runs a kiosk in front of her house, and she will use the loan to buy stock to keep in her store such as Fanta, Coca Cola, Sprite, Sagiko, beer, noodles, cigarettes, coffee, sugar, milk, soap, slippers, candles, canned fish, oil, biscuits, and rice. She is making good money from selling, and she wants to apply for a bigger loan in the future.

Eufracia lives in a town near by the school; her kiosk is located in a strategic place where many people come to buy, including students.

She is very happy with this loan because it helps poor people to improve their living conditions. She has a simple home, and also owns animals like a buffalo, a cow, and a pig. She also has a garden with plants, as well as corn, soy, and beans. Her husband is a teacher.

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
  • 177
    View loans »
    Timor-Leste Loans Fundraising
  • $1,888,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Eufracia to buy Fanta, Coca Cola, Sprite, Sagiko, beer, noodles, cigarettes, coffee, sugar, milk, soap, slippers, and candles.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2013
Listed
Jul 31, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014