Makbule is an Egyptian woman from one of the two most vulnerable ethnic minority communities of central Albania. She is in her early fifties and has four children, all being grownups. This is her first time applying for a loan. In the past, she had somehow managed it financially and otherwise; raising the children and doing everything around the home.
Makbule is in the tenth year now of selling used clothes and other used items. Currently, she has an inventory of used items, yet they are not up for sale because they are summer clothes, and we just left the summer behind. So this is why she is requesting a loan, to buy seasonal clothes.
Makbule trusts that lenders will understand her situation and lend to her.
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.