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Joana is applying for a loan of $1,000 to improve her business. She is 25 years old and married. Her husband is a driver.

She is running a business in her house by selling hard drinks (beer), soft drinks (sagiko, fanta, sprite), eggs, milk, salt, cigarettes, water and bread. She opened her kiosk in 2005 with working capital of $100. She is making a good income from this selling and she wants to buy more stock with the loan.

Joana is living in a town near the main road, so many people come to buy and she is selling every day. She is happy with this program that helps her to improve her living conditions.

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 $1,000 helped Joana to buy hard drinks (beer), soft drinks (fanta, sagiko, sprite), eggs, milk, salt, cigarettes, water and bread.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 30, 2013
May 27, 2013
Currency Exchange Loss:
Dec 20, 2014