Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes at the partner.

Partner Description:

KosInvest started its operations in Kosovo in October 2001 as a micro-enterprise development division of World Vision, and has been a separate entity since January 2007.

In Kosovo, 30% of the country lives below the national poverty line, according to the World Bank, with 13% living on less than $1 a day, according to World Vision. The country is one of the poorest in Europe, with a per capita GDP of $3800.
KosInvest operates exclusively in rural areas in Kosovo, where two-thirds of the nation’s poor live. Through inclusive financial services, KosInvest aims to help marginalized and economically active poor families generate more income and improve their living conditions. KosInvest works in ethnically divided areas and expressly focuses on strengthening ties across these communities by promoting shared economic interests and building business relationships. 

As of December 2013, KosInvest had disbursed more than US $30 million in loans. Since it started providing loans, KosInvest has helped create over 7,000 new jobs.

KosInvest offers a wide range of loans, including loans for vulnerable populations, agriculture, and women-headed households. In 2014, KosInvest began offering a new livestock loan product that allows farmers to receive livestock or machinery directly, rather than receiving the loan amount in cash. This loan product is the first of its kind in Kosovo.

In 2011, KosInvest won the Social Performance Reporting Award in the Silver Category from the Microfinance Information Exchange (MIX). The organization is member of MIX, the Association of Microfinance Institutions in Kosovo (AMIK), and the Microfinance Centre, a regional microfinance network. 


Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva May 14, 2012 Oct 12, 2005
Total Loans $1,610,925 $710,960,700
Amount of raised Inactive loans $0 $455,200
Number of raised Inactive loans 0 295
Amount of Paying Back Loans $617,350 $133,239,250
Number of Paying Back Loans 401 152,083
Amount of Ended Loans $993,575 $577,266,250
Number of Ended Loans 706 716,691
Delinquency Rate 4.44% 8.42%
Amount in Arrears $13,374 $7,337,022
Outstanding Portfolio $301,344 $87,117,808
Number of Loans Delinquent 72 28,682
Default Rate 2.07% 1.12%
Amount of Ended Loans Defaulted $20,544 $6,485,241
Amount of Ended Loans $993,575 $577,266,250
Number of Ended Loans Defaulted 33 19,256
Currency Exchange Loss Rate 1.58% 0.25%
Amount of Currency Exchange Loss $25,493 $1,755,454
Refund Rate 0.30% 0.69%
Amount of Refunded Loans $4,900 $4,879,850
Number of Refunded Loans 3 5,378

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 50.54% 74.33%
Average Loan Size $1,456 $417
Average Individual Loan Size $1,456 $654
Average Group Loan Size $0 $1,846
Average number of borrowers per group 0 8
Average GDP per capita (PPP) in local country $7,600 $5,942
Average Loan Size / GDP per capita (PPP) 19.15% 7.01%
Average Time to Fund a Loan 10.58 days 6.3 days
Average Dollars Raised Per Day Per Loan $137.61 $66.19
  Average Loan Term 18.51 months 10.74 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 556 350,381
  Journaling Rate 71.32% 41.47%
  Average Number of Comments Per Journal 0.00 0.07
  Average Number of Recommendations Per Journal 0.00 1.58

Borrowing Cost Comparison (based on 2013 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower 26% PY 21.00% PY 32.02% PY
  Profitability (return on assets) -16.2% -0.4% -1.92%
  Average Loan Size (% of per capita income) 47.80% 46.00% 19.63%

Country Fast Facts

Field Partner Staff

Zana Nici
Shpresa Qorri
Fatma Rastelica
Arta Spahija
Njomeza Tasha
Natyra Zuna