Valbona is a married mother of four children who range in age from nine to sixteen years old. She lives in central Albania with the rest of her Roma community. Her children go to school unlike the majority of children in their community whose parents don’t send them to school. “This is an accomplishment that I am proud of. I want them to have an education because I know firsthand what it means not having it,” she said.
Valbona has been selling used clothes for the past seven years. “This is a type of activity that doesn’t seem to be slowing soon. Instead it is booming because people have no money to buy new clothes, and, of course, they will buy such used ones,” she said.
Valbona is applying for a loan of 150,000 Albanian Lek to stock up on her inventory of used clothes to resell.
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.