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Mrike
Mrike’s husband passed away 18 years ago when she was 30. She was left with four children to look after, with the youngest one being only a couple of months old.

Here it is what Mrike said to the loan officer:

“My world changed in one instant, and I did not know how to stand up on my feet again. At first, I could not believe it, yet afterwards I accepted it but I was left with no strengths to deal with it. I remember it like it was today. We lived in a village and we were poor. My parents and siblings helped me to come out of that entire situation and I would not be here today without them. I left the village and went to another district with my children to build a new life there for them. So far, I have been doing well here these past fifteen years, running my livestock activity and selling dairy products and baby calves.”

Mrike now wants to make her animal stable more spacious with this 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.

Tags

About Albania

  • $10,700
    Average annual income
  • 25
    View loans »
    Albania Loans Fundraising
  • $2,671,075
    Funds lent in using Kiva
  • 106.1
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Mrike to build a spacious stable for her animals since she plans on expanding her livestock activity.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014