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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
  • 34
    View loans »
    Albania Loans Fundraising
  • $2,421,000
    Funds lent in using Kiva
  • 107.1
    Albania Leke (ALL) = $1 USD
Ended with Loss - Defaulted
A loan of $950 helped this borrower to buy new inventory items to resell in the local market.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
Possible
Defaulted:
Dec 13, 2013