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Sinisa
Sinisa is 42 years old, married, and has two children who attend school. He works in a post office and his wife is a nurse in a clinic. Their salaries are so low that the money they are earning is still barely enough to cover their daily expenses.

Sinisa is a very hard working man who wants to offer his family a better life. As his home, furniture, and appliances are very old and starting to break, he is requesting a loan for 1,000 Euros, which he will use to purchase new furniture and a new stove for his family. Without this loan, he will not be able to replace these items.

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 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.

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

Success!! The loan was 100% repaid

A loan of $1,350 helped Sinisa to purchase new furniture and stove.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Nov 8, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014