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Mondi
Mondi, a 29-year-old father of two young kids, 5 and 1 years old, wants to build a stable with this loan and he is seeking your financial help to achieve this immediate goal. He and his extended family live in northeast Albania.

Mondi has been photographed in front of the current stable; one can notice that it’s been built very poorly and animals sleep under bad conditions, according to him. This is what Mondi said during his interview with the loan officer: “All the water comes inside when it rains and all you can see is mud everywhere, in a day like today. When it snows, it’s worse, because it becomes so very cold inside that you see animals start trembling from it. I am so very glad that this microfinance institution expanded to our region recently, including here twenty three villages. We will literally get help and wherever you go you hear people talking about the potential help they will be getting from here on through this institution.”

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
  • 18
    View loans »
    Albania Loans Fundraising
  • $2,616,625
    Funds lent in using Kiva
  • 103.9
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Mondi to build a proper stable for his animals.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014