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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.

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About Timor-Leste

  • $6,800
    Average annual income
  • 183
    View loans »
    Timor-Leste Loans Fundraising
  • $1,888,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Refunded
A loan of $800 helped this borrower to buy items to sell in her store, such as soda, Sagiko, milk, coffee, sugar, and salt.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
N/A
Refunded:
Mar 4, 2014