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Leta
Leta is married with three young children ranging from eight to one years old and all her family live in a little village in Central Albania. It’s very unfortunate that her oldest child has never been sent to school because there is no school in the village. Families who are better off financially can pay for the school minibus. For Leta it was a luxury to send her daughter to school until now.

That being said, things are looking better for her lately. Her husband who has had the construction business for the past five years, and also her livestock business of four years, are doing so much better compared to before. She said,” things are looking up for my family now and I am very much happy at the moment.” She continued saying, “I’ve got plans now to send my daughter to school and she has been excited since she learned the news.”

Leta has applied for her first loan through VisionFund Albania. She wants to add one more cow to increase the dairy products. She is seeking lenders‘ assistance in this matter and is promising them that she will pay off the loan without delay.

Additional Information

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.

About Albania

  • $7,800
    Average annual income
  • 14
    View loans »
    Albania Loans Fundraising
  • $2,336,800
    Funds lent in using Kiva
  • 111.1
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Leta to add one more cow to the existing herd.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014