Aferdita has been active in agriculture/livestock farming for 10 years in her rural home in the southern area of Albania, where she lives with her husband. She is in her late fifties and currently produces apples, vegetables and other fruits to sell in the local market along with milk and cheese. She has requested a loan for 100,000 LEK from VisionFund Albania to help her buy pesticides for her apple orchard in order to early prevent damage from pests and other insects. She says she wants to improve her farm income so that she can save for her retirement. This loan will be Aferdita’s second from the same institution; the previous one has been repaid.
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.