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Shefqet
Shefqet is 42 years old and married. He has three children ranging in age from 10 to 16 years old, with the oldest one being treated in Greece for the past two years. He has been operating a construction business for the past eleven years and this activity keeps Shefqet busy because there is plenty of demand in this field in the northern region where he resides.
The tools and equipment that he has been using in this business so far have been primitive and to speed up the process and avoid injuries and particularly during the winter time; he plans of buying proper and new tools. This is the reason why he is requesting a Kiva loan to purchase them and hopes that lenders will help him financially.

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

  • $10,700
    Average annual income
  • 23
    View loans »
    Albania Loans Fundraising
  • $2,678,350
    Funds lent in using Kiva
  • 108.9
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,775 helped Shefqet to replace old construction tools with new ones in order to speed up the construction process and avoid injuries.
98% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2015