Besnik is a thirty-three-year-old Romani man from the Roma ethnic group of Albania. He is married with three children; six and three years old and seven-months old. It’s his first time applying for a loan.
Besnik has been in the business of making wall bricks/blocks and vineyard concrete pillars over the past eight years. The manufacturing tools that Besnik has been using since the beginning have been very primitive. He is now seeking to buy a machine to make the products. This will not only make his work much faster and easier but also will enable him to produce more.
Besnik is the only wall brick/block and vineyard pillar maker in the entire district and the demand for such items is extremely high, since Albania is still a country under development. He is not only confident of paying back the full loan on time, but also plans to finance a new livestock business for his wife.
His dreams are that someday his family will be able to live in a nice house and also his children will get access to higher education.
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.