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Hanife

Update on Hanife

With the loan that Hanife got last August thanks to all of you Kiva lenders, she bought feed for her livestock. She is requesting another loan this time as well for the same reason. She hopes that she will get the same response from all of you.

With joy in her heart, she thanks you again for all of your financial help.

Previous Loan Details

Hanife is 44 years old, very caring and a hardworking lady who is respected by almost everyone in the region. She is married and has three children; all of them attend school. Hanife is a nurse and exercises her profession in four villages. Note here that since the region where she resides and… More from Hanife's previous loan »

Additional Information

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Albania

  • $7,800
    Average annual income
  • 21
    View loans »
    Albania Loans Fundraising
  • $2,329,800
    Funds lent in using Kiva
  • 107.7
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Hanife to buy feed for her livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Hanife. It was first posted on Kiva on Aug, 2012. Learn More