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Prena
Prena is 55 years old and has five children. They all live in the northwest part of the country.

She has been selling milk and baby calves to locals for almost twenty years. Prena is happy with the profit she’s been generating from the activity, yet “it’s very exhausting,” she said. “I have to milk the cows every morning and evening and then in the mornings, I must take the milk to every client. And this is a daily routine that has been going on for all these past twenty years,” she added.

Prena now wants to improve her animals’ living conditions and is applying for a loan to build a new stable. The amount she is requesting is a total amount of 200,000 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

  • $10,700
    Average annual income
  • 18
    View loans »
    Albania Loans Fundraising
  • $2,671,075
    Funds lent in using Kiva
  • 103.5
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Prena to improve her animals' living conditions by building a new stable for them.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014