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Milorad
Milorad is widowed at age 55 and lives with his children in one of the minority communities of Kosovo. He is currently employed in a clinic in the area and his son is employed with a private company. His life had been difficult raising his children without a wife and he had to work hard to offer his children better living conditions.

One of the ways that he would like to improve their situation is that he would like to use the yard in front of their home as a summer kitchen. With this, they will be able to enjoy the season together as a family and the weather. He would not be able to do this without borrowing the money and does not want to ask anyone for help. This loan will help him to finally achieve his dream and he appreciates the help and support from 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.

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About Kosovo

  • $7,600
    Average annual income
  • 0
    View loans »
    Kosovo Loans Fundraising
  • $1,772,650
    Funds lent in using Kiva
  • 0.7
    Euro (EUR) = $1 USD