Artur is fifty one, married and has two children who are presently attending school. They all live in the south of Albania. Artur has been a sole financial provider for his family of 4, for almost 12 years. Since they live in the city, there is a scarcity of jobs, which is why his wife hasn’t found any job, even though she is educated.
Feeling financially strapped for some time, Artur decided to open a bar-café three years ago. An initial loan helped him start this business. Then, he applied for more loans to buy inventory and other necessary items for the cafe. Kindly note, that he has been very good at paying all the previous loans.
Artur is now applying for another loan to renovate the inside of the bar-cafe. He hopes that Kiva lenders will show their kindness and lend to him.
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.