She has four young aged children who attend school regularly. Prior to coming to their current location of residence, they lived high up in the very rural region where life was challenging, especially before the infrastructure started developing during these past seven years. Albania nowadays has a very developed infrastructure that makes it a favorite vacation destination for millions of foreign visitors. Last year, Albania was visited by approximately 4 million tourists throughout the year.
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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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Success!! The loan was 100% repaid