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Greta
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.

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

  • $10,700
    Average annual income
  • 14
    View loans »
    Albania Loans Fundraising
  • $2,616,625
    Funds lent in using Kiva
  • 111.3
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Greta to purchase fabric and material to sell.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014