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Milica
Milica is 25 years old and a mother of a 3-year-old little girl. Together with her daughter and husband, they live in one of the minority communities where Milica is a stay-at-home mother. Her husband works as a medical technician in a hospital.

They also work together on the land that they own and plant wheat for them to eat and to sell. They are very happy with their agricultural business and are requesting a loan in order to purchase machine tools for the tractor that they use on the land.

Milica 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.

Tags

About Kosovo

  • $7,600
    Average annual income
  • 1
    View loans »
    Kosovo Loans Fundraising
  • $1,785,575
    Funds lent in using Kiva
  • 0.7
    Euro (EUR) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,075 helped Milica to purchase machine tools for the tractor.
95% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2015