Check out other loans that are currently fundraising!
Petrit
Petrit is a thirty-eight-year-old Romani man from one of the vulnerable ethnic minority communities of Albania. He had immigrated to Greece but has come back recently, taking on the business that his wife had previously started. Petrit is a hard worker and he has five children with the oldest being thirteen and the youngest one year old. Four of them attend school and his wife doesn’t work in the business anymore, because she is only raising the children now. Before, she had to take care of everything, the business and the children, she explains, smiling.

The business they currently have is livestock and they have been selling milk to local dairy farms for the past seven years. “In the beginning it was very difficult,” his wife said. However, as years went by and she created a steady clientele, there was a turnaround for the better and she is happy now.

Petrit is requesting a Kiva loan through VisionFund Albania to build a stable for their animals and he is very grateful for this opportunity he has been granted. Also, he and his wife wanted to thank all of the lenders at KIVA for their kindness and generous support.

Additional Information

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.

About Albania

  • $7,800
    Average annual income
  • 29
    View loans »
    Albania Loans Fundraising
  • $2,506,475
    Funds lent in using Kiva
  • 112.0
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Petrit to build a stable for their animals.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2012
Listed
Jul 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014