Aleksander is a 27-year-old Romani man from the vulnerable communities of Albania. He is married and has four children, all very. He has been the only one to financially support not only his immediate family, but also his parents, who are sick, and his sister’s education, also. He has had to work very hard to provide for all.
Aleksander has worked at a car wash station during the day for the past five years. In the evenings, he has been distributing merchandise in the villages around the city for almost a year now.
The old vehicle that he used to deliver the merchandise required service all the time, and it cost him so much to repair. Now he is planning to buy a cheap used vehicle, yet in a better condition than the one he currently owes.
He wants to grow his business to employ his younger brothers as well. When he learned that he could request a KIVA loan via VisionFund Albania, Aleksander became extremely happy.
More information about this loan
Roma and Egyptian populations living in Albania are considered vulnerable from a socioeconomic perspective and this loan would be used to support them.
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.