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Fatmira
This is the 40 year-old Fatmira and her family; 12-year-old daughter, nine year old son and husband, Alfred.

Fatmira has recently opened a little village store and she wants to put the final touches to it, including shelves and stock to sell.

Kindly note that her store is the only one in the village for the moment and it is located in a touristic area, thus, she is confident that she will do well.

Fatmira and Alfred have also engaged in agricultural activity for the past few years. They have been planting and harvesting beans and fodder and they have two dairy cows and three mules that they use for transportation to pull their plow during preparation of the land for plantations.

(Traditional in their region is the delicious alcohol drink ‘raki’ made from wild plum fruit.)

Additional Information

More information about this loan

This loan is part of VisionFund Albania's new startup loan program to help entrepreneurs with limited financial possibilities to start up a new business or restart a business that was closed due to lack of working capital.

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
  • 15
    View loans »
    Albania Loans Fundraising
  • $2,581,800
    Funds lent in using Kiva
  • 100.9
    Albania Leke (ALL) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,500 helped Fatmira to buy shelves and inventory for her store.
58% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2014
Listed
May 7, 2014
Currency Exchange Loss:
Possible