Check out some available loans that are similar to this one!
Ardian
Livestock is the activity that Ardian has been practicing in the last six years. Ardian wants to add another milk cow to his herd to increase milk production and this loan will help him to do just that.

Ardian is forty years old and married with no children. The village where he lives and the surrounding areas are indeed poor. Residents are hard workers, but the majority of them can’t qualify for loans, even through microfinance institutions. In an attempt to tackle the poverty issues that are plaguing these villages,World Vision in collaboration with VisionFund Albania reached out to this commune with their Value Chain Projects, and Ardian was one of the selected beneficiaries.

Additional Information

More information about this loan

This loan is part of VisionFund Albania's value chain project designed to address the needs of extremely poor clients. The project has selected 90 clients from Area Development Projects and local economic empowerment projects run by WorldVision Albania (WVA) to serve the very poor. It will focus on livestock and agriculture financing, technical assistance, entrepreneurial skills training and expanding market access for clients' products. Importantly, interest rate payments will be covered by WVA. By supporting this loan, you are providing opportunity to some of the poorest people in rural Albania who have little to no access to credit, even through basic microfinance institutions.

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
  • 14
    View loans »
    Albania Loans Fundraising
  • $2,616,625
    Funds lent in using Kiva
  • 107.5
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,875 helped Ardian to buy a milk cow.
98% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2015