Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description: 

Tuba Rai Metin (TRM) -- which translates to “stand firmly on the ground” -- is a microfinance institution in East Timor, one of the smallest, newest and least developed countries in Southeast Asia. With 41% of the population living below the poverty line and 70% making less than USD$2.50 a day, the country is in dire need of stable banking. In fact, only about 13% of the population has regular access to financial services.

TRM launched in 2001 with support from Save the Children, but registered as a separate MFI in 2001 under Catholic Relief Services. Today, it provides financial products to poor rural and urban populations to improve their quality of life and empower women.

With a nationwide presence, TRM provides credit, savings accounts and micro-insurance to more than 7,000 clients -- all of whom are women -- through 11 branches and two field offices. Its goal is to extend its reach into even more remote regions through branchless banking services.

While it focuses primarily on supplying traditional microloans, it plans to expand into remittances, as well as non-financial offerings like agriculture and business development training, financial literacy classes and environmental services. TRM is also piloting an agricultural loan product that won’t require borrowers to repay until after the harvest.

The organization has received support and technical assistance from BASIX India and UNCDF and won the Silver Award for reporting on social parameters from the MIX Market.

TRM has faced and survived extreme challenges, including two consecutive civil wars in 2006 and 2007 that wiped out 13 other microfinance institutions.

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 30, 2012 Oct 12, 2005
Total Loans $1,758,150 $721,304,450
Amount of raised Inactive loans $0 $421,300
Number of raised Inactive loans 0 324
Amount of Paying Back Loans $615,000 $133,692,925
Number of Paying Back Loans 677 153,625
Amount of Ended Loans $1,143,150 $587,190,225
Number of Ended Loans 1,283 728,054
Delinquency Rate 1.74% 7.19%
Amount in Arrears $6,417 $6,241,652
Outstanding Portfolio $368,621 $86,810,042
Number of Loans Delinquent 104 20,668
Default Rate 0.41% 1.17%
Amount of Ended Loans Defaulted $4,645 $6,841,628
Amount of Ended Loans $1,143,150 $587,190,225
Number of Ended Loans Defaulted 14 19,784
Currency Exchange Loss Rate 0.00% 0.27%
Amount of Currency Exchange Loss $0 $1,945,073
Refund Rate 0.09% 0.68%
Amount of Refunded Loans $1,600 $4,898,125
Number of Refunded Loans 2 5,415

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 98.28% 74.40%
Average Loan Size $851 $416
Average Individual Loan Size $886 $653
Average Group Loan Size $1,623 $1,848
Average number of borrowers per group 4.5 8
Average GDP per capita (PPP) in local country $6,800 $5,938
Average Loan Size / GDP per capita (PPP) 12.52% 7.01%
Average Time to Fund a Loan 6.61 days 6.38 days
Average Dollars Raised Per Day Per Loan $128.84 $65.25
  Average Loan Term 12 months 10.77 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 51 354,238
  Journaling Rate 3.68% 41.33%
  Average Number of Comments Per Journal 0.00 0.06
  Average Number of Recommendations Per Journal 0.00 1.56

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 47% PY 35.00% PY 31.97% PY
  Profitability (return on assets) 6.4% 2.4% -1.93%
  Average Loan Size (% of per capita income) 11.00% 12.00% 19.57%

Country Fast Facts

Field Partner Staff

Mamadou Alliou Diallo
Silberto Barros
Mateus Dos Santos
Gregorio Francisco
Natalia Jaquelina do Rosario Ribeiro
Subhash Jindahl
Rui Oliveira
Kamaran Saeed
Adao Sarmento
Angelo Soares