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Ismet
Ismet is in his mid forties, married and has three children who are all attending school. Ismet’s family lives in central Albania near the national road that makes his business visible and accessible by almost all farmers who are in need for his services.
For the past ten years, Ismet has been operating a mill where he grinds corn and wheat and other grains as well. He inherited the mill, relevant skills and some of his current clientele from his father. Now Ismet plans on expanding the space of the mill to serve more clients and have more storage for the flour.
The loan he is now applying for is to properly cover the small mill building to prevent leaking during rainfall.
Ismet hopes that the lenders at Kiva will support him financially.

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
  • 26
    View loans »
    Albania Loans Fundraising
  • $2,454,825
    Funds lent in using Kiva
  • 109.5
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Ismet to build the roof of his small-spaced mill.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Sep 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013