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Ferit
Ferit is in his early 50s and married with three children, all of whom are currently studying at university. He lives with his family in rural southern Albania in a village situated high in the mountains. For the past 25 years, Ferit has been in the livestock business, looking after his animals and selling dairy products at the local market of a nearby small town. He is content with the earnings he has been generating from his business.

Ferit is requesting a 100,000 ALL loan to buy a dairy cow to add to his existing herd.

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

  • $10,700
    Average annual income
  • 25
    View loans »
    Albania Loans Fundraising
  • $2,671,075
    Funds lent in using Kiva
  • 107.7
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Ferit to buy a dairy cow.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014