Albert is in his late 40s and married with three school-aged children - ten, eight and six years old. They are members of the Egyptian community and live in central Albania, in a main city where the majority of their community lives.
For the past ten years, Albert has been selling handmade crafts to the locals, and through this he has been able to generate an income enough to secure the basics for his family. However, their living conditions have been under poverty level standards, and Albert wants to improve them by purchasing some appliances for their home. He is planning on renovating their home, too; yet, this is a plan for the future. The loan that Albert is requesting is to purchase electrical appliances.
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.