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Shyqyri
Shyqyri is starting up a business; buying agricultural fresh produce from the villagers around and selling it to the local markets of a nearby main city. He already has a transportation vehicle, and the loan he is requesting from Kiva lenders would be invested on buying produce for selling.

According to his analysis of the market, he is certain that this activity will be a win-win situation and go well because it will allow farmers the time and energy to focus on their farming, compared to what they have been doing so far - farming plus finding ways to transport their produce every day before 5 am, which can be exhaustive.

Shyqyri is in his early fifties and has four children who still attend schools.

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
  • 20
    View loans »
    Albania Loans Fundraising
  • $2,682,100
    Funds lent in using Kiva
  • 106.2
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,900 helped Shyqyri to buy fresh agricultural produce and sell it to the local market.
96% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Aug 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015