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Besnik
Besnik is in his early thirties and married. His three children are young and range from eleven to six years old with all of them attending school. They live in a little town, which has recently grown to approximately 10,000 residents, in the eastern part of Central Albania.

Three years ago, Besnik started a fast food restaurant in the town. He thought that it would be a good business opportunity for him and he was not wrong. The customer demand and profits have been strong. However, being the only provider for his family hasn’t been easy. Every time he has tried to put money aside, something has came up and the money was gone.

Since the demand for his services has grown rapidly, he wants to make some improvements to the restaurant to increase capacity. This is why he is requesting a KIVA loan through VisionFund Albania. Besnik has been referred to us from our clients who know him very well. They comment on his responsible character.

He very much appreciates your help in advance.

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

  • $10,700
    Average annual income
  • 17
    View loans »
    Albania Loans Fundraising
  • $2,623,200
    Funds lent in using Kiva
  • 110.4
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,825 helped Besnik to make improvements to his restaurant.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013