Tuba Rai Metin
Non-governmental organisation Tuba Rai Metin in East Timor offers its clients the basic financial services of saving and borrowing. The loan from Hivos-Triodos Fund supports Tuba Rai Metin’s in its aspiration to offer a growing number of women in East Timor access to financial services and thus contribute to the socioeconomic development of the country.
KEY INDICATORS Tuba Rai Metin at year-end 2013:
- number of loan clients: 6,215
- percentage female clients: 99%
- percentage rural clients: 80%
- average loan amount: EUR 432
- number of savings clients: 3,313
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.