Pjeter has been a successful beekeeper in his rural home of the northwest district for twenty-five years. He started before the collapse of regime with only one hive and has added more throughout the years. Pjeter is 44, married and has two young children; 7 and 3 years old. He sells honey in large quantities to the local market and with the profit he has been making, Pjeter has invested it in building a family house.
Pjeter has now requested a loan of 200,000 LEK from VisionFund Albania to help him add some more beehives. He says he wants to save his honey income to enable him finish the house for his family and establish a larger beehive business where he will employ others to assist 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.