Check out some available loans that are similar to this one!
Nalton
Nalton’s profession is plumbing and he has been offering his services to the locals. With this loan, it will be his first one and he will use it to buy equipment used in his profession.

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.

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.

Tags

About Albania

  • $10,700
    Average annual income
  • 23
    View loans »
    Albania Loans Fundraising
  • $2,682,100
    Funds lent in using Kiva
  • 103.5
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $975 helped Nalton to buy equipment for his plumbing services.
95% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2014
Listed
Jan 20, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015