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Mrike
Mrike is in her early 50s and married with three teenaged children who are attending school. Her family lives in northeast Albania and they have struggled financially. For awhile, Mrike's family had had no income except what they produced at home. Ten years ago, Mrike started her own livestock business. With the help from VisionFund Albania, she got her first loan that she invested in buying milk cows. Since then, Mrike has built a good clientele and her income has improved. She and her family are all happy now.

Mrike is requesting a loan to build a stable for her animals before winter starts. She is hoping that lenders will help her, as they have others. Mrike is aware of the kindness of lenders and this makes her smile.

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
  • 29
    View loans »
    Albania Loans Fundraising
  • $2,493,975
    Funds lent in using Kiva
  • 106.2
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mrike to build a stable before winter starts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014