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Rreshit
Rreshit is in his early fifties, married, and the father of a teenager. His family lives in the central-eastern part of Albania, in a little town that has been booming lately. Villagers from the rough terrain have opted for a better and more convenient life in this little town. Only a couple of years ago, this little town had only half of the residents it does today. Residents here find themselves always doing something related to building construction, whether they build, demolish, or sell building materials.

Rreshit has always been the sole provider for his family. After an accident three years ago, he started selling lime, which is used for building construction. He is requesting a Kiva loan to purchase lime to sell. In the future, he plans to open a pit and produce the lime himself, in order to reduce costs and, of course, generate more profit.

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
  • 34
    View loans »
    Albania Loans Fundraising
  • $2,421,000
    Funds lent in using Kiva
  • 111.2
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Rreshit to purchase lime for building construction.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013