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Nazmi
Nazmi is 47 years old, married, and has two children who attend school. Nazmi used to work as painter. Now he is preparing to start his own planting business in a greenhouse. His wife works as a seller in a bakery.

Nazmi is requesting his first loan, which he will use to buy materials for planting plums and for an irrigation system. His greenhouse is at a house in the village where he lives and this loan will help him start his business soon. He will sell the plums locally. His goal is to expand further. In the future, he hopes to improve his living conditions.

Additional Information

More information about this loan

This loan is part of KosInvest's new startup loan program targeting particularly vulnerable clients who live at subsistence and do not qualify for the standard loan due to lack of income from an existing business. This program offers clients up to a 6-month grace period on the loan. By funding this loan, you are supporting borrowers who have limited options to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life. 

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
  • 5
    View loans »
    Kosovo Loans Fundraising
  • $1,751,325
    Funds lent in using Kiva
  • 0.8
    Euro (EUR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,950 helped Nazmi to buy materials for planting plums and for an irrigation system.
91% repaid
Repayment Term
30 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
Possible