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Mimoza
Mimoza, a 44-year-old married mother of three children ranging in age from 12 to 21, lives in northern Albania. About two months ago, her brother-in-law passed away in a tragic accident.

For almost one year, he had been working on establishing a pizza restaurant, and it was about to have its grand opening; however, he did not make it. Now, Mimoza wants to continue with his business and start running it soon, both to keep his memory alive and to generate income she did not have before. This restaurant will be the only one of its kind in the town.

To finish the restaurant, Mimoza needs 300,000 ALL. She requested this amount from VisionFund Albania in hopes that her loan information would be published on Kiva for lenders' financial support. Mimoza wants to tell lenders that she appreciates their generosity and kindness and hopes they will lend to her.

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

  • $10,700
    Average annual income
  • 23
    View loans »
    Albania Loans Fundraising
  • $2,682,100
    Funds lent in using Kiva
  • 108.6
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,775 helped Mimoza to open a pizza restaurant on time.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014