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Agrepina
Agrepina is requesting a loan of $1,000 to improve her business. She will use the loan to buy some additional supplies to keep in her kiosk such as slippers, candies, sugar, coffee, detergent and other things to sell as well as flour to make fried bananas.

Agrepina started to open her kiosk in 2001 with her own working capital of $40. She is happy with the loan offered by Tuba Rai Metin for her to have more working capital to buy more goods.

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
  • 82
    View loans »
    Timor-Leste Loans Fundraising
  • $2,015,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Agrepina to buy slippers, candies, sugar, coffee, detergent and other things to sell as well as flour to make fried bananas.
100% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 19, 2014
Listed
Feb 26, 2014
Currency Exchange Loss:
N/A
Ended:
Feb 17, 2015