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Space
Space is a villager who lives in the southeastern part of the country. He wants to build a stable for his animals before bitter winter kicks in soon. The stable that you see in the background of the picture is the current one, and it is not appropriate for the animals, according to him.

“It snows so much in our village and our region is known for the longest and coldest winters that go up to seven months covered in snow. So, my animals cannot stay in such cold. Also, because of the bitter winters, hungry wolves come down searching for food themselves and in many occasions they have grabbed our neighbors’ goats. I don’t want this to happen to mine,” said Space.

Space is a father of ten children who for the past almost twenty years have been operating his livestock activity. He is happy he has this because it has been the only source of income for his large family.

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
  • 21
    View loans »
    Albania Loans Fundraising
  • $2,669,850
    Funds lent in using Kiva
  • 104.5
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,925 helped Space to build a proper stable for the animals before winter kicks in.
86% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 9, 2013
Currency Exchange Loss:
Possible