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Jeton
Jeton is married and has two children eight months and five years old. He lives in Kosovo, in a small village. Jeton earns his living by working in a private company as a painter, but with a very low salary. Jeton's work is very important to him as he is the only one in the family who has a job and is able to generate income and provide for them.

Now he is planning to start his own freelance painting business. For this reason he needs a business start up loan. He is asking for a loan in the amount of 2000 Euros so he can purchase a machine and other supplies. Jeton is hoping that because he has a lot of experience and a customer base from previous jobs that his business will be successful quickly and he will start with much business immediately. He is very optimistic that he will have much success and continue to increase his clientele and business demands. It is in this way that he can improve his living conditions and provide a decent life for his family. He wants to thank all lenders!

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.

Tags

About Kosovo

  • $6,500
    Average annual income
  • 0
    View loans »
    Kosovo Loans Fundraising
  • $1,768,850
    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 $2,675 helped Jeton to purchase a machine and other supplies for his work.
60% repaid
Repayment Term
30 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2013
Listed
Aug 12, 2013
Currency Exchange Loss:
Possible