Greta is 33 years old and is married with five children ranging in age from four to 13 who attend school. She is a member of the Egyptian vulnerable ethnic minority community of central Albania. Greta has been working since she was ten years old when she started with her mother selling used items like so many others in her community. “The profit has been okay,” Greta says, “yet, not enough to cover for all expenses of our family of seven.”
Greta is requesting a loan from Kiva through VisionFund Albania to purchase raw textile fabric and material to sell. Raw fabric is very much in demand in Albania because it is cheaper for people to purchase fabric and then have dressmakers sew custom clothing. Greta has dreams for her children to continue their education and even attend university. Her dreams would not be fulfilled if she did not start putting some money aside now. For this matter, she is seeking potential lenders’ understanding.
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.