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Teresa is requesting a loan of (USD) $800 to improve her business. She will use the loan to buy additional supplies to keep in her kiosk such as cigarettes, sugar, salt, coffee, noodles, bread, water, eggs and body lotion. Teresa opened her kiosk in 2014 with her own working capital of $250. She is happy with the loan offered from (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 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
  • 53
    View loans »
    Timor-Leste Loans Fundraising
  • $2,408,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Teresa to buy cigarettes, sugar, salt, coffee, noodles, bread, water, eggs and body lotion.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Jul 18, 2014
Aug 22, 2014
Currency Exchange Loss:
Aug 17, 2015