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Filomena is 32 years old and married. She helps generate income for her family by selling various types of clothing. She has been expand her business, but has lacked the capital to do this. She has already taken out and repaid one loan, and is applying for a second for $1,000 to buy more items to sell such as towels, shirts, pants, trousers, shorts and sleeves. She is happy with TRM (Tuba Rai Metin) and the help it offers loan 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 or to improve their living conditions. 

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
  • 89
    View loans »
    Timor-Leste Loans Fundraising
  • $2,219,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Filomena to buy towels, shirts, pants, trousers, shorts and sleeves to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 16, 2013
Aug 31, 2013
Currency Exchange Loss:
Sep 17, 2014