Although situated on the beautiful Mediterranean Sea, Albania is an economically depressed country that seems forgotten. Starting in late 2018 in the city of Korce, TOLI will begin offering its first round of loans to recipients.
by the numbers:
Population under age 15: 18%
Religions: Muslim 56.7%, Roman Catholic 10%, Orthodox 6.8%, atheist 2.5%, Bektashi (a Sufi order) 2.1%, other 5.7%, unspecified 16.2%
Unemployment rate: 14%
Literacy rate: male: 98% / female: 97%
People living below poverty line: 14%
Sources: UNICEF; CIA; UNDP