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Mikel is a 23-year-old Romani man from the ethnic community of central Albania. He is a hardworking father of two little children and the only one to provide financially for his family. Mikel started working at a very young age with his parents and that left him behind or made him not have an interest in education. However, as he grows older and realizes the importance of education, he will make sure that his children will pursue education.

Five years ago, Mikel, who was 18 years old at the time, separated himself from doing business with his parents and stood alone. He sells used clothes like so many other people in his community. Some time back, he requested a loan that he has paid off, and now he is requesting another one of 70,000 ALL to buy used items to resell.

Additional Information

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.

About Albania

  • $10,700
    Average annual income
  • 33
    View loans »
    Albania Loans Fundraising
  • $2,882,325
    Funds lent in using Kiva
  • 109.9
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mikel to buy used clothes to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 7, 2012
Nov 12, 2012
Currency Exchange Loss:
Dec 17, 2013