Arber, a bright and a hardworking young man who is passionate about animals, is a member of the minority community of Macedonians. He has been active in livestock for four years in his rural home of Southeastern Albania, across the borders from Macedonia, where he currently lives with his parents. He is aged 24, engaged and planning to get married soon. Arber has been selling dairy products to the local dairy farms.
Arber has requested a loan of 200,000 Albania Leke (ALL) from VisionFund Albania to buy a milk cow; the baby calves he has are all males. This is his second loan. He used the previous loan from the same institution that is paid off now to start up his livestock business. Arber wants to grow the business and his plans are to employ others to assist him with it. The terrain where he resides is just perfect for this type of activity, and he is confident that he will succeed at it.
Arber seeks appreciation from lenders.
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.