Check out other loans that are currently fundraising!
Sokol is thirty-eight and married with three children who are 15, 13 and 11 years old. They are Roma and live in the south-central part of Albania, in the suburbs of a main city.

For the past ten years, Sokol has been operating a repair shop for home electrical appliances. He runs the business from his house, as seen on the photograph. “At times, it is difficult working under such primitive conditions, like I have been. Yet not paying for rental saves me money, so I am okay for now. Later on, I will have to invest in building a little store,” Sokol said. “I lived in Greece for long time and this is where I learned the skills relevant to what I do. I am extremely grateful to my former Greek boss,” he added.

The loan Sokol is requesting from VFA is to buy parts for used appliances and the amount is 150,000 Albanian Lek.

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

  • $10,700
    Average annual income
  • 27
    View loans »
    Albania Loans Fundraising
  • $2,737,725
    Funds lent in using Kiva
  • 104.0
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Sokol to buy parts from used appliances.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 11, 2013
Feb 16, 2013
Currency Exchange Loss:
Sep 17, 2014