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Ana
A $600 loan is offered to Ana to improve her business. She opened her local business in 2007 with her own working capital. She will use the loan to buy stocks to keep in her store, like a milling machine and corn milling.

Ana is generating a good income from selling. She has been thinking of running a big business after years of involving herself in doing business.

Ana lives in a town with her family. She is happy with this loan because Tuba Rai Metin offers loan for poor people to improve their living conditions.

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
  • $1,468,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Ana buy a rice milling machine and corn milling.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014