Valentina, a 34-year-old married mother of a three-year-old child, lives with her husband, child, and in-laws in northern Albania. She and her husband have pigs and dairy cows and sell milk, dairy products, and baby animals to locals. Despite their hard work this past five years and the difficulties they have faced due to weather conditions, they enjoy their work. Profits have been good and Valentina and her family say they have been able to afford more than just their basic needs.
Valentina is now looking for a loan to prepare the field for spring planting. She usually plants vegetables and other crops and sells them in addition to dairy products, and this gives her a little extra income. Valentina is requesting a loan of 100,000 AL. This will be her second loan; her previous one was paid in full.
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.