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Judina
Judina is applying for a loan of $600 to improve her business. She is married and has five children. She is running a business in the front of her house by selling noodles, coffee, sugar, salt, milk, cigarettes and rice. She is making a good income from selling these goods and she wants to buy more stocks with the loan. She is living in a town nearby the main road, so many people come to buy and she is selling every day. She started her business a year ago with her own working capital.

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
  • 158
    View loans »
    Timor-Leste Loans Fundraising
  • $1,891,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $600 helped Judina to buy noodles, coffee, sugar, salt, milk, cigarettes and rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Sep 14, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 22, 2013