Mimoza is 39 years old and an ethnic Egyptian married mother of two school-aged children. She and her family live in a little town in southeastern Albania. Mimoza is the only financial provider for her family and she does work hard, to provide for everyone. Opportunities for her husband to find a job are most limited and he does help in Mimoza’s activities.
She has been a client of VisionFund Albania for a long time and has proved to be a very responsible person. She claims that without the institution’s help, she wouldn’t have come this far and she is very thankful to all the staff who have supported her throughout her financial ordeals.
Mimoza’s activity in the past seven years has been in buying-selling used items including clothes and shoes and the profit hasn’t been bad at all, according to her. Now she is applying for another loan to buy similar items 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.