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Bukurije

Update on Bukurije

While Bukurije would like to thank lenders for their previous financial assistance, which enabled her to buy fodder for her animals, she is in need for your precious help again, this time to buy feed for her animals. She has just re-paid the previous loan in full.

Thanks again for your help:)

Previous Loan Details

Bukurije is forty one years old and married. She has three children with all of them attending school. Before coming to the current location, a little town in the central eastern part of Albania, her family resided in a very rural area where they experienced difficulties in almost every aspect of... More from Bukurije'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.

Tags

About Albania

  • $10,700
    Average annual income
  • 20
    View loans »
    Albania Loans Fundraising
  • $2,671,075
    Funds lent in using Kiva
  • 106.4
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Bukurije to stock up on fodder for animals.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014
This photo was used before for a previous loan for Bukurije. It was first posted on Kiva on Aug, 2012. Learn More