Fran is 39 years old and has three children; twelve, seven and five years old with two of them attending school. Fran and his family live in northeast Albania, in a little community.
While he has been selling low-priced clothing for the past eighteen years in his community, he has also been selling in the neighboring villages by transporting those items with his own vehicle. “Sales of such items go smoothly here, because people are very poor and cannot afford buying better ones,” Fran said.
Recently, the vehicle that he uses for transportating his clothing broke down, and he needs to repair it. As the only financial provider for his family, he said that “it is impossible” to save this much money. Thus, Fran is applying for a loan through Kiva to repair the vehicle.
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.