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Drane
Drane recently opened up an eating house in the town where she resides herself. She serves traditional food at a reasonable price and usually these types of restaurants turn out to be profitable because the lunch or dinner costs not more than $2 and you can find plenty of them throughout the country.

"I enjoy cooking and serving, and running my own restaurant will be a real blessing for me," said Drane.

Drane now wants to stock up on needed items for her business and she hopes that she will get some consideration from lenders in this regard. The amount she needs is a total of 150,000 Albanian Lek.

She is 51 years old and has four children, all teenagers.

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
  • $2,236,650
    Funds lent in using Kiva
  • 104.3
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Drane to stock up on needed items for her recently opened restaurant.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2013
Listed
Oct 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014