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Update on Olsa

This will be Olsa's son's last year of college and the tuition fees are 100,000 Albanian Lek so she needs your help again.

Thanks to you all he finished the previous year and mother and son are very appreciative of the financial help they received from all lenders.

Previous Loan Details

Olsa is 34 years old, a married Roma from south central Albania. She has two children; unlike others in their community, she chose to send them to school. She is proud of this, and considers it to be her major accomplishment. To support her family and most specifically to educate her children, sh... More from Olsa'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

  • $10,700
    Average annual income
  • 36
    View loans »
    Albania Loans Fundraising
  • $2,885,025
    Funds lent in using Kiva
  • 103.3
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Olsa to pay her son's last college tuition fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 15, 2014
Jan 16, 2014
Currency Exchange Loss:
Feb 20, 2015
This photo was used before for a previous loan for Olsa. It was first posted on Kiva on Nov, 2012. Learn More