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Mukades
Mukades has been a potato producer/seller for the past 10 years. She is requesting a loan for the first time to buy goats.

“The potato business is beautiful and I like it," she says. "My potato produce is juicy and unlike others in the region. The size of the potatoes I produce is impressive and many buyers contact me every year to place their order. With the loan, I would like to buy some goats while I continue to operate my potato business."

Mukades is very grateful for the opportunity to apply for a start-up loan with lower interest rates and admin fees. "Whatever money I generate from the goat business will go straight to my grandchildren's education savings,” she says.

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.

About Albania

  • $7,800
    Average annual income
  • 25
    View loans »
    Albania Loans Fundraising
  • $2,270,000
    Funds lent in using Kiva
  • 105.8
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Mukades to buy goats.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014