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Elida
Elida is a 47-year-old villager from southeastern Albania who is married and has a 24-year-old child.

Elida is seeking lenders’ attention to help her financially in order to buy a minibus for her son. He will use the vehicle to transport passengers to different destinations, thus, this will be his business. Elida’s activity for the past seven years has been in agriculture, particularly in livestock. She has been selling milk and homemade cheese to the local market of a nearby town.

"Dairy is the staple food in Albanian villages, and cities as well. So, the demand for it remains high for as long as the poverty level doesn’t see any changes for the better. Maybe in the cities, residents consume less because they have to pay for it, but here in the villages, we don’t have to pay for it, we just have to work hard for it," Elilda said.

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
  • 24
    View loans »
    Albania Loans Fundraising
  • $2,270,000
    Funds lent in using Kiva
  • 109.2
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,025 helped Elida to buy a minibus for her son's passenger transport business.
79% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible