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Prena
Prena is in her early sixties. She is a widowed mother of a 27-year-old son. They both live in northern Albania and together run a livestock company.

“It took us a couple years to establish a steady clientele,” Prena said. “The first few years that I was running this activity all on my own, I sold only milk. Five years back, my son and I started making and selling cheese/cottage cheese and salted butter. Our clients are happy with our products and so are we with the income we generate,” she continued saying.

A loan of 100,000 ALL will help them build a better and larger stable where they can keep the dried fodder for their animals as well. This loan will be her first one.

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
  • 29
    View loans »
    Albania Loans Fundraising
  • $2,493,975
    Funds lent in using Kiva
  • 107.5
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Prena to build a better stable for her animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 27, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014