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 as of 31 December 2014:
- number of loan clients: 6,797
- percentage female clients: 99%
- percentage rural clients: 81%
- average loan amount: EUR 550
- number of savings clients: 3,847
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.