Edmond is in his fifties and lives in the east central part of Albania. He has been receiving just a small disability income for some time now that hasn’t been enough, according to him. However, the little business Edmond has been having on the side, has provided a very little profit for himself and his paralyzed mother, just enough to have basic food on the table.
For the past ten something years, Edmond has been working as a street vendor selling small things in the streets. Now he plans to buy more vending supplies, snacks and other items, that will increase his profit. To achieve this, Edmond is requesting a loan from Kiva. At the same time, Edmond is seeking lenders' assistance in this matter.
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.