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Bajram

Update on Bajram

Bajram wants to thank all Kiva lenders for the previous loan, which has helped him to to paint the inside and outside of his house. With the previous loan, he was able to renovate his old house, thus having the opportunity to improve his family's quality of life.

Now he is requesting a second loan to build an additional room onto his current home since his son has gotten married and would be living there with his new family. Bajram will use the money to purchase gravel and to pay for the renovations.

His goal is to provide a secure life for his family. Bajram again would like to thank all of the Kiva lenders for their second support!

Previous Loan Details

Bajram is fifty-three years old and married. He comes from one of the Vulnerable Populations. He has four children between the ages of six and twenty-two years old. His wife is a housewife and stays at home with the children. They all live in a village in the southwestern part of Kosovo under ver... More from Bajram's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kosovo

  • $6,500
    Average annual income
  • 0
    View loans »
    Kosovo Loans Fundraising
  • $1,772,650
    Funds lent in using Kiva
  • 0.7
    Euro (EUR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,350 helped Bajram to purchase gravel and to pay for renovations.
96% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 31, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2015
This photo was used before for a previous loan for Bajram. It was first posted on Kiva on Nov, 2012. Learn More