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Mario
Mario, a 24-year-old-single Roma man, lives in a major city in central Albania. He’s got future plans and works hard to achieve them. Mario wants to get married, have children and a house of his own, he said with a smile.

He was in his early 20s when he started buying and selling used clothes at the Roma Market in his city. With the income he has been generating from this activity, he has been able to make a living and help his parents and siblings also.

Now, Mario wants to stock up on more inventories of used items to resell. It will be the first time for him to request a loan through Kiva, but not the first time requesting a loan from VisionFund Albania. He has successfully repaid all previous loans and has gained so much respect from the VFA institution for his responsible nature.

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

  • $7,800
    Average annual income
  • 25
    View loans »
    Albania Loans Fundraising
  • $2,238,650
    Funds lent in using Kiva
  • 108.1
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Mario to stock up on more inventories of used items to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Nov 28, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014