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Joanita, 35 years old, is applying for a loan of $1,500 from TRM (Tuba Rai Metin). She runs a kiosk in front of her house. Joanita will use the loan to buy stock, such as cigarettes, coffee, sugar, salt, milk, eggs, noodles, water, body lotion and slippers, to keep in her store. She is making good money from selling and she wants to apply for a bigger loan in the future.

Joanita lives in a town near the school. Her kiosk is located in a strategic place where many people, including students, come to buy.

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
  • $2,575,150
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Joanita to buy cigarettes, coffee, sugar, salt, milk, eggs, noodles, water, body lotion and slippers.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Jan 29, 2014
Feb 24, 2014
Currency Exchange Loss:
Dec 20, 2014