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Fatime
A rural villager located in the south central district of Albania, Fatime is a 51-year-old mother of four dependent children. She has been farming on her farmland and also selling milk and other dairy products to locals. Fatime started this activity in her thirties and since then she has been enjoying it. Not only does it keep her busy, but she also generates an income from it. She has been the only one to earn an income for the past few years and that makes her proud of herself.

With a lack of money for her business, Fatime is applying for her first loan with VisionFund Albania. She will use this loan to add some more sheep to the herd she currently has. This loan will enable her to generate more income to better support their living expenses and set aside some money to send her daughter to school.

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
  • 37
    View loans »
    Albania Loans Fundraising
  • $2,421,000
    Funds lent in using Kiva
  • 108.9
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Fatime to add more sheep to the herd she currently has.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014