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Valbona is a 41-year-old villager from the rural southeast whose two children are twelve and fifteen years old. Both attend the public school in their village. According to our poverty measures, almost 100% of residents in their village fall below the poverty line of $1.25/day. The majority of them can barely be eligible for a very small loan from VFA, with other financial institutions completely rejecting them. This is why VFA, in collaboration with World Vision, implemented the integrated projects in an attempt to tackle the poverty in this region. World Vision covers the interest rates on behalf of clients and VFA offers the loan and other technical help.

Valbona has been in the agricultural activity for the past six years and this loan of 200,000 Albanian lek (ALL) will help her buy corn seeds and some pesticides for the plants. She expressed to the loan officer that she is on cloud nine about the opportunity and wants to thank all parties involved in making it happen.

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
  • 8
    View loans »
    Albania Loans Fundraising
  • $3,256,100
    Funds lent in using Kiva
  • 107.7
    Albania Leke (ALL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Valbona to buy corn seeds for planting and pesticides for the seedlings.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
May 30, 2013
Jul 18, 2013
Currency Exchange Loss:
Dec 17, 2015