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Natalia
A $1,000 loan is requested by Natalia to improve her business. She opened her kiosk in 2007 with her own working capital. She will use the loan to buy stocks to keep in her store, such as cigarettes, eggs, oil, coffee, sugar, salt, oil, and slippers. She generates a good income by selling.

She has been thinking of running a big business after years of involving herself in the store. Natalia lives in a town with her family.

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
  • 160
    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 Natalia to buy cigarettes, eggs, oil, coffee, sugar, and salt for sale in her store.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 29, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014