Nalton is a 43-year-old ethnic Egyptian and a married father of two children, ages eight and five. He and his family live in a little town that during the communist era was considered an industrial town. There was a sugar processing factory, the only one in Albania. In the surrounding fields sugar beets were planted; those fields before the communist era were wetland. Nowadays, there are neither sugar beets planted nor any factory; the factory is rubble and the fields are being grazed by the animals.
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 AlbaniaVisionFund 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.
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This loan has been fully funded!