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Santina
Santina is 30 years old and operates a clothing shop, which she has been doing for 13 years. She opened the shop with her own working capital of $50. She now earns a good income from her business.

Satina is requesting a loan for $1,000, which she will use to buy to church clothes, women's clothes, boys' clothes, and girls' clothes. She wants to expand her business and improve her living conditions in the future.

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
  • 15
    View loans »
    Timor-Leste Loans Fundraising
  • $1,552,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Santina to purchase church clothes, women's clothes, boys' clothes, and girls' clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2013
Listed
Dec 3, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 20, 2014