Sonila is a 33-year old divorced woman who lives in a little town. She has been selling clothing for the past five years in order to support herself financially. She needs help from lenders to buy some more clothing and increase her inventory of items to sell.
Sonila said, “I had never applied for a loan in the past because I was fully aware of my financial condition. However, when I was approached by the loan officer from VisionFund Albania and informed that lenders from Kiva could help me financially, I was totally thrilled. Right away, with the help from the loan officer who interviewed me, I submitted the application without thinking twice and I am hopeful that they will be generous in helping me out.”
Sonila wants to get married and have her own family soon.
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.