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Giana
Giana is applying for a loan of $600.00 from TRM (Tuba Rai Metin). She is 29 years old.She is married, and she has three children. She is running a Rental in front of her house and will use the loan to paper, ink dye, rulers, markers, and a printer. She is making good money from her sales business, and she wants to apply for a bigger loan in the future.
Giana lives in a town, near the school; her Rental is located in a strategic place where many students come to copy Their documents goods. Giana is happy with the loan because it is offered to poor people and will 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
  • 0
    View loans »
    Timor-Leste Loans Fundraising
  • $1,464,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $600 helped Giana to paper, ink dye, rulers, markers, and a printer.
80% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2014
Listed
Apr 23, 2014
Currency Exchange Loss:
N/A