Dila is 51 years old and married with four children. They live in a little town of approximately 10,000 inhabitants in a northern district of Albania. This is Dila’s first time applying for a loan from VisionFund Albania and she wants to buy used clothes to resell. This has been her activity for the past five years, since her husband lost his job. For many months, their family was left without an income which caused them a lot of anxiety.
Dila made money, but found that the money was just enough to survive with the children to raise. Now that her children are all grown, she plans on improving their living conditions.
The loan of 150,000 Albanian Lek she is requesting from Kiva will help her to buy an inventory of seasonal used clothes to resell.
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.