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Mrika
Mrika is a 44-year-old, widowed, mother of four school-aged children ranging in age from 8 to 18. They live in rural northwest Albania. She and her family were persecuted under the communist era, which made Mrika’s life up to age 22 very difficult and marked by extreme emotional, psychological and financial struggles. The death of her husband added to her existing pain. He passed away when their youngest child was only two months old. However, Mrika has worked hard and been able to raise her children and send them to school.

Mrika has been able to run a livestock and agricultural business. The main hardship in her business had been that she had no stable and the animals would get sick and die. With the building of a stable, her income from this business has increased and has been going very well.

Mrika now wants to buy one more milk cow with a calf with this new loan.

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
  • 27
    View loans »
    Albania Loans Fundraising
  • $2,493,975
    Funds lent in using Kiva
  • 109.0
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,300 helped Mrika to buy a milk cow with a calf.
94% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible