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Juleta
Juleta is applying for a loan of $1000 from TRM (Tuba Rai Metin). She is 30 years old. She is running a kiosk in front of her house. Juleta is married and she has two children.
She will use the loan to buy stocks to keep in her store such as soap, noodles, coffee, sugar, salt, fish, milk, soft drinks (Coca Cola, Fanta, Sagiko, Sprite) and hard drinks (beer). She is making good money from her sales and she wants to apply for a bigger loan in the future.

Juleta is living in a town near the school; her kiosk is located in a strategic place where many people come to shop, including students. Her husband is driver. She is happy with this loan because the loan offered is for her to improve her living conditions for the future.

Juleta has animals like pigs, goats as an additional business.

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
  • $1,464,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Juleta to buy soap, noodles, coffee, sugar, salt, fish, milk, soft drinks (Coca Cola, Fanta, Sagiko, Sprite) and hard drinks (beer).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014