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Marash
Marash is 45 years old, married and lives with his wife and parents in northern Albania. For seventeen years now, he has been operating an auto repair shop.

“The beginning was very difficult for me because I had no money to invest on a shop, and I was running it from my own home which was not easily accessible from clients. This made it difficult for potential clients. As time went by, and difficulties in relation to clients arose, I knew that I had no other choice but to apply for a loan from an MFI. And I am glad I did,” Marash said.

Marash is now requesting a second loan to purchase necessary tools for his shop. The amount he is applying for, is 150,000 Albanian Lek.

Additional Information

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
  • 28
    View loans »
    Albania Loans Fundraising
  • $2,504,925
    Funds lent in using Kiva
  • 107.0
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,425 helped Marash to buy necessary tools for his auto repair shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014