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Update on Ergin

Ergin wants to thank all of the lenders for the previous loan, which he used to buy more plastic bags and increase his business. With the increase in income that he generated, he was able to provide proper living conditions for his family and he managed to expand his business even more. Needless to say, he was very satisfied with the loan results and is now asking once again for a second loan for the same purpose and business. He would like to purchase more plastic bags and hopes that he will again expand his business and continue to see improvement in his family’s living conditions. He really appreciates all of the help from the lenders.

Previous Loan Details

Ergin is from Kosovo. He is living in a Roma community. Ergin has a small business selling plastic bags in different shops and markets. This is in high demand. He supplies shops in his area by bicycle. He requested a loan from KosInvest to buy more plastic bags and increase his business. With th... More from Ergin's previous loan »

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.

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.


About Kosovo

  • $7,600
    Average annual income
  • 4
    View loans »
    Kosovo Loans Fundraising
  • $2,256,825
    Funds lent in using Kiva
  • 0.7
    Euro (EUR) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,050 helped Ergin to purchase more plastic bags.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2014
Jun 23, 2014
Currency Exchange Loss:
Jul 1, 2015
This photo was used before for a previous loan for Ergin. It was first posted on Kiva on Jun, 2012. Learn More