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Granit
Granit is a young man of the age of 24 and recently married. He is a very hard worker who earns a living by providing various services for computers such as formatting and repairing computers. He had been working in a private company with very low salary, but now has decided to open his own business doing this same work that he is very proficient in.

Granit is requesting a loan in order to buy information technology equipment for completing services needed for computers as well as expand into video game room such as playstations. "Without this loan I will not be able to start my own business" claimed Granit. He expects to be successful in this business based on his experiences and knowledge. He appreciates all of the lenders for this help.

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
  • $1,772,650
    Funds lent in using Kiva
  • 0.7
    Euro (EUR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,050 helped Granit buy computer equipment.
86% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible