Check out some available loans that are similar to this one!
Kristina

Update on Kristina

Kristina finished paying her previous loan on time and in full. She is requesting another loan for the same purpose.

Kristina is thanking all of you for your financial help and wishing you Happy Holidays:)

Previous Loan Details

Kristina is a Romanian woman. She is 25 years old and married with three young children who are not attending any schools yet. The family lives in a Romanian neighborhood in the central region of Albania. Kristina is requesting her first loan to buy secondhand items to resell. Usually she rese... More from Kristina's previous loan »

Additional Information

More information about this loan

Roma and Egyptian populations living in Albania are considered vulnerable from a socioeconomic perspective and this loan would be used to support them.

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Albania

  • $7,800
    Average annual income
  • 14
    View loans »
    Albania Loans Fundraising
  • $2,336,800
    Funds lent in using Kiva
  • 102.5
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,975 helped Kristina to buy secondhand items to sell at the local market.
50% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2013
Listed
Dec 26, 2013
Currency Exchange Loss:
Possible
This photo was used before for a previous loan for Kristina. It was first posted on Kiva on Mar, 2013. Learn More