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A $1,500 loan is offered to Bendita from TRM (Tuba Rai Metin) for her to improve her business. She is applying for her second loan after paying her first loan on time. She will use the loan to buy some additional supplies to keep in her store such as oil, detergent, slippers, cigarettes, salt,sugar and all basic goods to sell.
She is making a good income and is happy to have paid her first loan on time. She opened her kiosk in 2000 with her own working capital of $200. She has two children, the eldest of whom is in school.

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
  • 0
    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 $1,500 helped Bendita to buy oil, detergent, slippers, cigarettes, salt and sugar to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 23, 2013
Jan 30, 2013
Currency Exchange Loss:
May 19, 2014