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.
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.