Anton has been operating his vehicle parts store at a convenient location for people to reach for ten years now. “I have seen a steady growth throughout the years. I started thinking that I wouldn’t do well at the time, but I was wrong. I have been doing very well so far, and I am happy with the progress,“ Anton told the loan officer.
Anton is a 42-year-old married father of three school-age children, and they all live in Northern Albania. The loan that he is requesting at this point will be the first one for him and will be used to stock up on inventory items.
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.