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Lene
Lene applied for a loan of 250,000 Albanian Lek from VisionFund Albania to build a brand new and good-sized stable for her animals. This will be her second loan from the institution with the previous one being paid successfully.

Lene has been in the livestock business for over thirteen years now. She has been selling milk, baby calves and piglets to the locals and the income she has earned through this activity has helped her to raise and educate her children. Lene is not alone in this, she gets help from her husband.

Lene is sixty years old and married. She has six children with the youngest one being fourteen years old and going to school. They live in a rural village in northern Albania.

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
  • 18
    View loans »
    Albania Loans Fundraising
  • $2,581,825
    Funds lent in using Kiva
  • 107.5
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,350 helped Lene to build a brand new and good-sized stable for her animals.
85% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible