Tefta is a widowed Egjyptian mother of three children who lives in south-central Albania. She is 49 and her children’s ages range from 13 to 27 years old.
“My husband passed away when the youngest one was only 2 ½ years old and it hasn’t been any easy since then financially and otherwise. After he passed away, I started selling used clothes here in the city’s market and have no regrets. Also, I work for other members of my Egyptian community who own their booths and resell used clothes in the local market. I fold their clothes and generate some extra cash from this type of work as well,” Tefta said.
The loan that she is requesting for the first time will help her stock up on second-hand inventory items to resell.
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.