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Astrit
Astrit is 27 years old, single, and lives in the northwest part of Albania where he was raised in a family that falls below the extreme poverty level according to the country’s index. Although Involved in livestock-raising and selling dairy products particularly delicious goat cheese to locals, Astrit can only offer to his family a small income enough to cover only the very basics. He is the only one to provide an income to his family of seven, which includes his siblings and parents.



Astrit was recently selected by World Vision Albania to receive some additional help to establish an activity that would make him self-sustaining. He wants to buy more goats with this loan of 300,000 Albanian Lek.

Additional Information

More information about this loan

This loan is part of VisionFund Albania's value chain project designed to address the needs of extremely poor clients. The project has selected 90 clients from Area Development Projects and local economic empowerment projects run by WorldVision Albania (WVA) to serve the very poor. It will focus on livestock and agriculture financing, technical assistance, entrepreneurial skills training and expanding market access for clients' products. Importantly, interest rate payments will be covered by WVA. By supporting this loan, you are providing opportunity to some of the poorest people in rural Albania who have little to no access to credit, even through basic microfinance institutions.

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

  • $10,700
    Average annual income
  • 21
    View loans »
    Albania Loans Fundraising
  • $2,629,575
    Funds lent in using Kiva
  • 107.1
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,825 helped Astrit to add more goats to existing herd.
98% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015