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Maria
A $1,000 loan was given to Maria to improve her business. She is married and has four children. Maria opened her kiosk in 2010 with her own working capital . She will use the loan to buy stock to keep in her store like beer, Fanta, Coca Cola, Sprite, Sagiko drinks, noodles, body lotion, fish, coffee, sugar, salt and slippers. She is generating a good income from her business.

She has been thinking of running a big business after years of involving herself in doing business. She is living in a town with her family and her husband is a farmer.

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
  • 177
    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 Maria to buy more stock to sell in her general store.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Dec 13, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014