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Mimoza
Mimoza, a 36-year-old woman, has been photographed with her husband, Ylli (Star ,in English) and with their middle child in front of their barn. They’ve got three kids, 11, six, and one year old. The loan will be used for health reasons, since her sister-in-law, for whom they are the caretakers and who lives with them, is paralyzed on the right side of her body.
Mimoza and her family live in a little town where the unemployment rate remains higher than other parts of the country. During the communist era, this town was 100% industrial and had a zero unemployment rate. There were a super-phosphate plant, a copper smelting plant and a chromium processing plant. All these have not been functioning ever since the collapse. The only one that still remains in action is the pant processing flour, that is operated by a private company.

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.

About Albania

  • $7,800
    Average annual income
  • 15
    View loans »
    Albania Loans Fundraising
  • $2,581,800
    Funds lent in using Kiva
  • 100.9
    Albania Leke (ALL) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Mimoza to take her paralyzed sister-in-law to the doctors.
92% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2014
Listed
Mar 20, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015