Check out some available loans that are similar to this one!
Agustin
Augustin is 31 years old and has just come back from Greece after working there for several years. He and his family live in the northeast of Albania and were isolated from the blood feud until very recently, just like so many other families in this part of the country. Despite the authorities’ interventions, those families haven’t received any significant support. People are scared to venture outdoors in case they're killed − all because of decades' old 'blood feuds'. In most of the cases, a fortified tower is used as a refuge for men involved in a blood feud who are vulnerable to attack.

Nevertheless, Augustin’s family has been in the livestock business for the past eight years and the business has been going well. Now, he plans to grow the business and get the family members all involved in it, and for this Augustin is requesting a Kiva loan through VisionFund Albania. With any profits, he will be able to save for his family and his future also.

He realizes, though, that he cannot do any of these without Kiva lenders’ understanding and support and he very much thanks all of them 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

  • $7,800
    Average annual income
  • 15
    View loans »
    Albania Loans Fundraising
  • $2,336,800
    Funds lent in using Kiva
  • 111.6
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Agustin to purchase a cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jun 30, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012