As an employee of a private company, Isa receives a very low monthly salary and is planning to open his own welding company, working on a freelance basis with multiple projects. From his previous experience working for other companies he has developed many relationships and acquired many clients whom he is planning to work with and for.
Isa is requesting a loan in order to purchase a welding machine and other working tools, as he needs equipment to build a good business reputation and to satisfy his customers. With his income, he will be able to help his family with all of their expenses.
Isa is very ambitious and he intends to work very hard to enhance the family’s standard of living and meet their needs. He wants to thank all Kiva lenders!
More information about this loan
This loan is part of KosInvest's new startup loan program targeting particularly vulnerable clients who live at subsistence and do not qualify for the standard loan due to lack of income from an existing business. This program offers clients up to a 6-month grace period on the loan. By funding this loan, you are supporting borrowers who have limited options to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life.
About KosInvestKosInvest 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.
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Success!! The loan was 100% repaid