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Jelina a villager in her mid-fifties who lives in rural central Albania. She is married and has three children who are in their twenties and are attending school. For the past twenty years, Jelina has been working in a small agricultural business that has generated enough income to meet her family’s day to day needs. She sells fresh produce in the city like a majority of residents from her village. They go down to the city every day and start selling from 6am to 2pm. To increase her income, Jelina now wants to add one milking cow.

Jelina has never before applied for a loan because she knew that without collateral it would be almost impossible to obtain one. Yet things changed recently: when the WVA and VFA launched the Integrated Loan Projects in her region, she was one of the beneficiaries selected to take advantage of such a loan.

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
  • 15
    View loans »
    Albania Loans Fundraising
  • $3,256,100
    Funds lent in using Kiva
  • 107.8
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Jelina to purchase a milking cow.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 11, 2013
Jun 1, 2013
Currency Exchange Loss:
Jul 17, 2014