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Deolinda is taking a loan of $1500 to improve her business. She is running a mini shop that helps her to generate income for her family. She will use the loan to buy stock to keep in her store such as shirts, long sleeved and short sleeved, and shorts. She opened her mini shop with her own working capital of $600. Deolinda is a hardworking woman and she hopes to run a bigger business 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 or to improve their living conditions. 

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
  • 88
    View loans »
    Timor-Leste Loans Fundraising
  • $2,219,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Deolinda to buy shirts, long sleeved and short sleeved, and shorts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 30, 2014
Jul 10, 2014
Currency Exchange Loss:
Jun 17, 2015