Update on BashkimBashkim, one of KosInvest's loyal clients, is asking for a Kiva loan for the third time for his hamburger business. He was been very satisfied with the previous loans he has received which have helped him to generate more income for his family. Bashkim is still involved in his same hamburger business and continues to see much success.
However, Bashkim is again in need of a loan so that he can purchase meat and a new umbrella to replace the one damaged by snow and rain during winter. He promises to pay on time and would like to thank all of the Kiva lenders for their support a third time.
Previous Loan DetailsBashkim is from Kosovo. He is living in a Roma community. He is married and after 20 years of marriage he has only one child. For a long time now, he has been earning his living from selling hamburgers. Bashkim is a mobile seller. He travels a lot across Kosovo with his barbeque to sell hamburger... More from Bashkim's previous loan »
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 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid