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Raif is a Romani man from one of the two most vulnerable ethnic minority communities of central Albania. He is 56 and married. Raif has only one child, a 19-year-old who never attended school.

Raif has been in the industry of selling used clothes for almost 15 years now and is somewhat happy. In addition to this, he has been purchasing used electrical appliances, repairing them himself and selling them later. Nobody else in his community or within the same entrepreneurial area provides repairing services. He has the talents of repairing electrical appliances and has been generating an income through this activity that he wouldn’t otherwise, he said.

Raif is applying for a loan from Kiva now through VisionFund Albania in order to purchase more electrical appliances and used clothes that will enable him to increase his profit. With the generated income, he plans on improving the family living conditions.

Raif wants to thank all lenders for their generosity and kindness.

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.

About Albania

  • $10,700
    Average annual income
  • 15
    View loans »
    Albania Loans Fundraising
  • $3,256,100
    Funds lent in using Kiva
  • 111.3
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Raif to purchase used clothes and electrical appliances for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2012
Aug 24, 2012
Currency Exchange Loss:
Sep 17, 2013