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Eduart
Eduart is 34 years old and married, with two children; five and three years old. The family lives in the central eastern part of Albania. Eduart is known by others for being a hard-worker and a responsible man.

For the past eight years, Eduart has owned his dairy farm. He sells milk and dairy products to the local market. To bring them there, which he usually does every day, he often takes the bus.

Now, he is planning to purchase a motorcycle, though, to make it easier. For this, Eduart is requesting a KIVA loan via VisionFund Albania. It will be his second loan, with the previous one being paid off.

Eduart believes he will be able to sell more if he used a motorcycle to transport his products. This will increase the profit, which he plans to use to build a dairy farm and also educate his children.

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
  • 20
    View loans »
    Albania Loans Fundraising
  • $2,486,575
    Funds lent in using Kiva
  • 113.0
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Eduart to purchase a used motorcycle to bring his dairy products to market.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jul 19, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012