Check out some available loans that are similar to this one!
Klodi
Klodi is 34 years old and married with three-year-old twins. He lives with his family in south-central Albania where he works in construction. For the past five years, Klodi has also been raising livestock. Since he got married, he has been the only financial provider for his family. “My wife is lucky, because she married a hard-worker man who always likes to provide,” Klodi said laughing in his wife’s presence. “Just teasing her,” he added.

Klodi is requesting his first loan to buy a dairy cow and fodder for his animals. Klodi is photographed here inside his stable.

Additional Information

More information about this loan

This loan is part of VisionFund Albania's value chain project designed to address the needs of extremely poor clients. The project has selected 90 clients from Area Development Projects and local economic empowerment projects run by WorldVision Albania (WVA) to serve the very poor. It will focus on livestock and agriculture financing, technical assistance, entrepreneurial skills training and expanding market access for clients' products. Importantly, interest rate payments will be covered by WVA. By supporting this loan, you are providing opportunity to some of the poorest people in rural Albania who have little to no access to credit, even through basic microfinance institutions.

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
  • 6
    View loans »
    Albania Loans Fundraising
  • $3,213,425
    Funds lent in using Kiva
  • 102.4
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,975 helped Klodi to buy a dairy cow and animal fodder.
100% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2015