Luigj is a Romani man from the Albanian Roma ethnic community. He is married with two children, 26 and 20 years of age. It’s his first time applying for a loan through VisionFund Albania.
Luigj has had his business in construction and also in collecting scrap metal and plastic for resale. He has been doing this for over twenty years and doing very well at both. Recently, he was able to use his savings to buy better building tools to use in construction. His wife collected scrap as well until recently when she unfortunately, became semi-paralyzed.
Now, Luigj is looking to finance a new venture for his wife and their 20-year-old unemployed son, a poultry business. There has been a high demand for eggs and poultry in the region. Based on experts' estimate in the field, the net revenue of one month can add up to 250,000 ALL. He has already contacted potential buyers. He smiles and says, “with help and support from good people, everything will be in order and what's more important, my wife will feel useful and happy.”
About VisionFund Albania
VisionFund Albania is a micro-finance subsidiary of child hunger nonprofit World Vision International. Striving to improve child welfare, the organization offers a variety of loan products designed for rural, traditionally underserved clients and their families. These products include agriculture, business and household improvement loans, as well as "integration loans" targeted to help the poorest, most vulnerable Albanian households acquire value chain resources.
While VFA is focused on the empowerment of the poor overall, it pays special attention to women. About 60% of loans to entrepreneurs on Kiva go to women.