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Veri
Veri, living in a major city of the south-central part of the country, is a 27-year-old single Roma man who plans on getting married soon and down the road repairing his run-down family home.

While Veri has been buying and reselling used items for the past five years, he has also been doing seasonal work in construction in Italy and Greece since he turned eighteen years old. With the economy slowing down lately in both countries, he decided to stay in Albania permanently and pursue his activity buying and selling used clothes, appliances and home-ware.

Veri is requesting his first loan to purchase used home electrical appliances to resell.

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
  • 13
    View loans »
    Albania Loans Fundraising
  • $2,493,975
    Funds lent in using Kiva
  • 104.0
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Veri to purchase used home electrical appliances to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Feb 16, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014