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Mariglena
Mariglena has been a street vendor selling different snack items to school children for almost five years. She is a 24-year-old divorced mother of a 3-year-old child and is the only one to provide financial support for both of them.

“It has been very difficult not receiving any child support, even though I was supposed to. I have been working and taking care of my child at the same time and this is what has added stress on me, running from one thing to the other all the time,” Mariglena said.

Mariglena is requesting a loan for the first time to repair major leaks in the ceiling of their tiny home. A loan of 100,000 Albanian Lek will be enough to achieve her goal.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Albania

  • $10,700
    Average annual income
  • 15
    View loans »
    Albania Loans Fundraising
  • $2,616,625
    Funds lent in using Kiva
  • 104.6
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Mariglena to repair major leaks in the ceiling of their tiny home.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014