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Geg
Geg, this fifty-eight-year-old man, lives in the northwest of Albania with his three grown-up children, his wife and his parents, according to Albanian family customs.

Livestock has been the only activity he has been involved in for the past sixteen years, “As a business almost twelve years ago now, I applied for the first loan from VisionFund Albania, and since then I have received three in total. These loans were a godsend; without them, it would have been difficult to expand the activity and for this I am very grateful to the institution,” Geg said.

“I now need another loan to repair the stable because the land where the stable was built collapsed and the stable was destroyed as well due to this,” he continued.

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
  • 24
    View loans »
    Albania Loans Fundraising
  • $2,270,000
    Funds lent in using Kiva
  • 103.5
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Geg to repair the stable for his livestock.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014