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Drita
Drita wants to start a business this summer by selling items to the beachgoers in one of the most populated beaches of the northern Albania. Kindly note that this is only a summer season type of activity, yet the income that someone can generate out of it is very good, according to Drita.

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.

Additional Information

More information about this loan

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 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.

Tags

About Albania

  • $10,700
    Average annual income
  • 14
    View loans »
    Albania Loans Fundraising
  • $2,616,625
    Funds lent in using Kiva
  • 105.8
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,850 helped Drita to stock up on items to sell to beachgoers at a populated beach.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014