Valbona, aged 34, is married and has four very young children. She emigrated to Greece at a very young age but four years ago she returned and started to live in her small town in south-eastern Albania. Valbona has been operating her own dairy farm ever since and has established a very steady clientele.
This is her third loan: the previous ones have been repaid. “It was difficult to create this business with my own money, because I am the only financial provider for my whole family and having little children you’ve got more expenses, I think. This is why I very much appreciate the help I’ve got from VisionFund Albania in establishing and maintaining my business,” she said.
The loan for which Valbona is now applying is to renovate the dairy farm premises.
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.