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Mimoza
About a year ago Mimoza opened up a store in a village where there was no other store. She had lived in a different area before deciding to make the current place her permanent residency.

“It has been going well from the beginning," Mimoza said. "Now I want to add more variety to the inventory, to draw more clientele. It is a good thing for me, while my husband takes care of our agricultural activity. Living on a very little income, it was not that easy; it was very stressful. Earning an income myself, it was a relief.”

She is 29 years old and has two children, 7 and 5 years old. The family lives in northern Albania.

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.

About Albania

  • $7,800
    Average annual income
  • 28
    View loans »
    Albania Loans Fundraising
  • $2,504,925
    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 $1,450 helped Mimoza to add variety to her store's inventory.
68% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2013
Listed
Oct 24, 2013
Currency Exchange Loss:
Possible