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Elivera
Elivera is 40 years old, married, and has three children who attend public school; they are 18, 16 and 14 years old.

They live in south-eastern Albania, where she has been operating a flour factory for the past 15 years. She says that she has been able to establish “an excellent relationship” with buyers and sellers. She has been buying the wheat from local farmers and has been selling the flour to bakeries, stores, and local people. The region where she resides is famous for their delicious pies that are considered staple food for them. They use lots of flour to prepare the phyllo.

Elivera is requesting a loan this time of 200,000 ALL to replace her primitive factory equipment with new equipment.

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
  • 34
    View loans »
    Albania Loans Fundraising
  • $2,421,000
    Funds lent in using Kiva
  • 102.9
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,950 helped Elivera to replace her primitive flour factory equipment.
98% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015