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Leke
Leke is a 63-year-old mother of two (who are aged 24 and 20 years old). She lives with them and her husband in a very rural village in south-central Albania.

For 20 years, Leke has been farming on her farmland, planting crops for animal feed, potatoes, grains and vegetables. She then sells the produce to a wide clientele -- sometimes to store owners, other times to wholesale buyers, and still other times to individual customers that she finds in the local market of a town near her home. This business has proved to be profitable, and she has engaged her children in the activity as well, since they don’t go to school.

Leke is requesting a loan of 100,000 ALL (Albanian Lek) from Kiva, and wants to use it to buy inputs for seasonal farming.

Additional Information

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.

About Albania

  • $7,800
    Average annual income
  • 24
    View loans »
    Albania Loans Fundraising
  • $2,270,000
    Funds lent in using Kiva
  • 108.6
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Leke to plant crops for seasonal farming.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013