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Armend
Armend is twenty four years old and married with one child. He comes from a vulnerable community in Kosovo. For more than a year now he has run his own cafe and billiard business. He has had a lot of profit from his business, and it is the main income for his family.

Armend is now asking for a loan to buy new furniture such as tables and chairs. The loan will help to increase his profits by creating a better environment for his customers. He hopes in the future to have more profits, because of the experience he will have running the business.

Armend's goal is to improve his living conditions and to grow his business. He wants to thank all Kiva lenders!

Additional Information

More information about this loan

This loan will support the economic aspirations of minority people in Kosovo. Roma people and ethnic Serbians have historically faced a tremendous amount of hardship in Kosovo, and are still socioeconomically and politically vulnerable. During the 1998-1999 war, the fighting displaced 250,000 people. Among those displaced were an estimated 80-90% of the region’s Roma population. Today, Roma and ethnic Serbians living in Kosovo still face discrimination and are excluded from many aspects of society, including fair political representation and high rates of unemployment. By supporting this loan you are helping provide opportunity to marginalized populations.

About KosInvest

KosInvest is a micro-enterprise development organization that provides loans to help people in rural Kosovo generate more income and improve their living conditions. It offers a wide range of loan products, from loans tailored to micro and small enterprises to loans designed to help women-headed households.

About Kosovo

  • $6,500
    Average annual income
  • 2
    View loans »
    Kosovo Loans Fundraising
  • $1,772,650
    Funds lent in using Kiva
  • 0.8
    Euro (EUR) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Armend to buy new furniture such as tables and chairs.
100% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014