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Albertinha
Albertinha is applying for a loan of $ 1,500.00 from TRM (Tuba Rai Metin). She is a 32-year-old-married woman. Albertinha runs a kiosk in front of her house and she will use the loan to buy items for her general store such as coffee, sugar, salt, noodles, cigarettes, slippers, Fanta, CocaCola, Sprite, Sagiko, eggs, fish, and water. She makes good money selling these items and she wants to apply for a bigger loan in the future.

Albertinha lives in a town near the school and her kiosk is located in strategic place where many people (including students) come to buy.

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
  • 9
    View loans »
    Timor-Leste Loans Fundraising
  • $1,559,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Albertinha to buy coffee, sugar, salt, noodles, cigarettes, slippers, Fanta, CocaCola, Sprite, Sagiko, eggs, fish, and water.
62% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2013
Listed
Dec 14, 2013
Currency Exchange Loss:
N/A