Merita wants to buy a dairy cow with the loan of 150,000 Albanian Lek that she is requesting from Kiva lenders.
Merita lives in southeastern Albania. Livestock is the activity that she’s been in for about six years now, with her clientele growing the last couple of years. She is a 37-year-old married lady and has 11-year-old twins
“Livestock is something that the majority of us in the villages enjoy doing. It’s not that it is easy, but we got no other choices anyhow. My husband helps me and I very much appreciate it.” We secure our dairy and meat, and we sell to the local market in a little nearby town to generate an income, Merita went on to say.
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.