Mrika is a forty-seven-year-old married woman who has five children ranging from eight to twenty-three years old. They all live in northern Albania. “Raising my children hasn’t been easy, financially and otherwise,” she says. “This is why six years ago I started my own business in an effort to be able to provide more to my family, and I am happy I did,” she continues.
Mrika has been able to establish a good and steady clientele because of her good service and is now planning to repair the existing stable or build a good one from scratch for her animals. She doesn’t have any saved money though, and this is the reason why she is requesting a Kiva loan via VisionFund Albania. She wants to start building the stable before the bitter winter weather kicks in. She is fully aware that without lenders’ support, she will not be able to carry out her plan.
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.