“At first it was very difficult financially because I invested in it and did not generate any quick profit; and physically because it required lots of hard labor and I suffer from a rare disease that I have been treated for in the last years. And being the only financial provider for my family was not any easier either,” Llesh explained.
Yet, thanks to his patience and hard work, Llesh has been able to establish a good clientele selling them dairy products and baby animals and generating a good income in return.
The loan he is requesting this time is to expand the goat stable and build a water well for the animals.
More information about this loan
This loan is part of VisionFund Albania's value chain project designed to address the needs of extremely poor clients. The project has selected 90 clients from Area Development Projects and local economic empowerment projects run by WorldVision Albania (WVA) to serve the very poor. It will focus on livestock and agriculture financing, technical assistance, entrepreneurial skills training and expanding market access for clients' products. Importantly, interest rate payments will be covered by WVA. By supporting this loan, you are providing opportunity to some of the poorest people in rural Albania who have little to no access to credit, even through basic microfinance institutions.
About VisionFund AlbaniaVisionFund 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.
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Success!! The loan was 100% repaid