Ymer wants to pay for his son’s education fees, and the amount of the loan he is requesting is 100,000 Albanian Lek.
He is 50 years old and a married father of three children; 24, 23 and 22; all of them are studying in the university. Ymer practices agriculture/livestock as a means of making a living. He’s got one cow and six sheep and he sells the raw milk to the market.
He also has plum and cherry trees, and in addition to selling the fruits, he makes jam and an alcoholic drink from them called ‘raki’. To transport these products to the local market he uses the horse he has.
In Ymer’s village, almost every household has plums and cherries and they also plant small red potatoes, beans, onions and garlic in large quantities that they sell dried to wholesale buyers.
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.