Ndue is married and has four children with two of them still attending the elementary school. He owns a dairy farm and is requesting a loan for the first time. Ndue has been in this type of business for the past ten years and been able to establish a steady clientele. “Of course,” he says, “just like in almost every similar business, I’ve experienced the ups and downs of owning your own business, too. Only last winter, two of my cows died from the cold weather.”
With the profit that Ndue generated in the past, he invested in building up the dairy farm and, lately, started renovating their run-down house which is not finished yet.
Now, he wants to replace the two cows and this is the reason why he requested a KIVA loan via VisionFund Albania. With any profits, he will be able to finish the house and re-invest in business.
Ndue is grateful to lenders for their support.
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.