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Joana started her business 2 years ago with her own working capital of $500. She had a lot of difficulties because she did not have enough working capital to buy stock in her kiosk.
Joana has been busy with her business. After a year, she knew Tuba Rai Metin; she came to get information and she is requesting a loan of $1000 to purchase additional supplies including noodles, oil, sugar,coffee and other stock to keep in her kiosk.
She also has 2 children to look after. all of them are in school. She lives in a simple house made of bricks and roofed with zinc. She wants to make her kiosk a big store 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
  • 3
    View loans »
    Timor-Leste Loans Fundraising
  • $2,573,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Joana to purchase noodles, oil, sugar, and coffee and other stock to keep in her kiosk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 8, 2012
Dec 11, 2012
Currency Exchange Loss:
Oct 20, 2013