Vasilika is requesting a loan for Arben, her husband, who is shown in this photograph with her. The loan that they request is an amount of 200,000 Albanian Lek. They will use it to buy iron metal sheets for his welding business. This will be their fifth loan from the same institution, with the previous ones being paid off.
For the past 10 years, he has been practicing welding skills in the surrounding villages and has been generating a good income. Comments from people in their village: “He is very artistic and the railings he makes are so beautiful." "He is a very good person to deal with.”
Vasilika and Arben appreciate very much what lenders at Kiva do for people in need around the world.
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.