For the past twelve-something years, he has been raising cows to generate profit by selling dairy and baby calves to the local market. Everyone in his family is involved in the business and it’s considered by them “family activity”, the little kids said.
Perparim is requesting a loan now to rebuild the stable that was badly damaged last winter, and the loan from Kiva will help him to build just that. His further plans include increasing the number of animals and, of course, with the profit from this, Perparim wants to improve the living conditions.
Perparim is an appreciative man who wants to thank all the lenders for their financial support.
More information about this loan
This loan is part of VisionFund Albania's value chain project designed to address the needs of extremely poor clients. The project has selected 90 clients from Area Development Projects and local economic empowerment projects run by WorldVision Albania (WVA) to serve the very poor. It will focus on livestock and agriculture financing, technical assistance, entrepreneurial skills training and expanding market access for clients' products. Importantly, interest rate payments will be covered by WVA. By supporting this loan, you are providing opportunity to some of the poorest people in rural Albania who have little to no access to credit, even through basic microfinance institutions.
About VisionFund AlbaniaVisionFund 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.
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