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Lavdim
Lavdim is in his 50s and has two school-aged children. He runs a construction business that has been going well. Lavdim lives with his family in a village in southwestern Albania. Many residents of this village, who had immigrated to Greece, are returning due to the economic conditions in Greece. In general, the first thing they try to do is repair their abandoned houses. This generates more business for Lavdim. He plans to have his older son join him in his construction business and he hopes to employ others as well. Lavdim's younger son is doing very well in school. Lavdim plans to pay tuition and send his youngest to university since he has been accepted.

Lavdim is requesting a 100,000 ALL loan to buy materials and tools for his construction business.

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
  • 14
    View loans »
    Albania Loans Fundraising
  • $2,493,975
    Funds lent in using Kiva
  • 104.8
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Lavdim to buy materials and tools for his construction business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014