Loans from VisionFund Albania to the Roma/Egyptian vulnerable ethnic minority community in Albania have helped to improve their lives and businesses.
Amongst the people who have benefited from VFA are Hasan, Irma, and their little son, who are photographed here. Hasan is 50 years old and Irma a bit younger and they recently got married. The family's main source of income comes from Hasan, who sells used clothes in four little towns in northern Albania and works very hard, going from one place to another.
The money he generates is enough to live, yet not enough to pay upfront for stocking up on fall/winter used inventory items to resell. Hasan is being respected by almost anyone who has known him and they comment on his good nature and responsible trait.
More information about this loan
Roma and Egyptian populations living in Albania are considered vulnerable from a socioeconomic perspective and this loan would be used to support them.
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.