Marte has lived below the poverty level for years despite her efforts. Things took a better turn when she started running her livestock herding about eight years back.
Since then, she has been selling milk and other dairy products to locals. Albanians consume lots of dairy products, thus, the need for dairy is always high especially in the northern regions where food products are scarce. Bread and cheese is considered a staple amongst many poor Albanian families.
Marte is in need of a loan to buy another milk cow and she hopes that she will get some financial help from lenders. Being able to buy another cow would be her best gift these holidays, she said.
Marte is married and has four children and this would be her second loan within the same institution.
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.