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“Maybe I got married very young -- eighteen years old -- and become a mother soon afterwards, but it is okay. No regrets so far. My husband is very mature for his age, and supportive as well, and this is the most important, for the moment. I am opening up a hair salon where there are no others in the neighborhood, and this will help me thrive. The place is mine, so I don’t have to pay for rent, but I need money now to bring in equipment, and this is why I’m applying for this loan. I hope lenders will be able to help me financially, and of course I will pay their monies back -- no other way,” Eriada said, smiling.
Eriada needs to buy some equipment for her hair salon. She was photographed at the salon space, which was empty at the time.
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 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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