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.
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.