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Mrika
Mrika is building a new bar and café venue and she is photographed there. She had one up until now that she had operated for the past seven years, but now was about time to build a new place since the current one was not in good condition at all, according to her. The money that she had saved, though, was not enough to finish the construction and she is requesting lenders’ help to put it together. The amount she needs is a total of 300,000 Albanian Lek.

Mrika has four children and she comes from the very rural northern Albania. The traditional outfit she is wearing represents the region where she comes from.

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

  • $7,800
    Average annual income
  • 37
    View loans »
    Albania Loans Fundraising
  • $2,411,300
    Funds lent in using Kiva
  • 102.7
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,925 helped Mrika to finish building the new bar and cafe.
51% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2013
Listed
Oct 26, 2013
Currency Exchange Loss:
Possible