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Verije
Verije, a 45-year-old Roma mother of five children, lives in a main city in the central Albania, within the Roma community. As many others of the same cultural background, she enjoys buying & selling second hand items and has been practicing this for the past ten years.

Her husband does seasonal work in Greece during summer times and he buys used clothes there at a lower price compared to the price he had to pay to buy those items from sellers in his home country. Yet for the moment, Verije needs to buy items for the winter/spring season without waiting for her husband until summer. She is seeking a loan of 100,000 Albanian Lek to purchase items to resell in the winter/spring season.

Additional Information

More information about this loan

Roma and Egyptian populations living in Albania are considered vulnerable from a socioeconomic perspective and this loan would be used to support them.

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
  • 26
    View loans »
    Albania Loans Fundraising
  • $2,462,825
    Funds lent in using Kiva
  • 104.8
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Verije to buy winter/spring used items to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014