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Vasil
Vasil, a father of three, has been photographed with his cow. He has been in Greece for long time and came back to Albania from there when financial troubles became known in our neighbor country. In Greece, he did seasonal work in construction, and he has been practicing the same skills in his village in addition to livestock and agricultural activities.

Vasil has been selling raw milk to a nearby dairy farm and now he wants to invest in buying some baby calves from a good breed. He says “I want to expend the livestock activity, it is worthwhile it. Albanians consume lots of dairy products, hence it is easy to sell the produce and make a good income from it in return."

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
  • 24
    View loans »
    Albania Loans Fundraising
  • $2,270,000
    Funds lent in using Kiva
  • 103.7
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $2,425 helped Vasil to buy baby calves.
48% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2014
Listed
Jan 21, 2014
Currency Exchange Loss:
Possible