Arben is a 42-year-old father of a 3-year-old child and together with his family lives in a rural village of northern Albania. “While my wife takes care of our child, I take care of the rest, trying to secure our staple food at least; I see it impossible to bring an income home. Daily, I feed the goats and milk them, clean the place where they sleep at the moment because there is no stable yet for them, and make a little cheese."
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This loan is part of VisionFund Albania's new startup loan program to help entrepreneurs with limited financial possibilities to start up a new business or restart a business that was closed due to lack of working capital.
About VisionFund AlbaniaVisionFund 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.
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