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Seljatin
Seljatin is aged 32, has one daughter and is married. He is working in a municipality but with a very low salary and also receives social help while his wife stays home with their daughter taking care of the home and her needs. They live in a very poor community in an old home that has needed renovations for a very long time. He is requesting a loan to renovate the flooring and to replace their main door. He hopes that the loan will improve their living conditions, as his goal is to give his child a better education. He is very grateful for this opportunity and wants to thank all of the lenders.

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

  • $7,600
    Average annual income
  • 10
    View loans »
    Kosovo Loans Fundraising
  • $1,805,475
    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 $1,100 helped Seljatin to renovate the flooring and replace their main door.
77% repaid
Repayment Term
22 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible