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Kaida
Kaida is a divorced mother of six who works from home as a seamstress. Her business is doing well enough that she employs another seamstress. They work from her home in the kitchen or salon. Kiada's services are in high demand and she has expanded and created a separate room for her business.

The loan is needed to organize the room, renovate and ensure an orderly and conducive work environment.

Kaida wants to continue expanding her business. Over the next few years she wants to hire additional staff, purchase needed equipment and continue to successfully manage her business, ensuring a strong future for her children.

Additional Information

About KIEDF:

Koret Israel Economic Development Funds (KIEDF) launched its direct lending program, SAWA, in 2006 to help low-income and unemployed populations within Israel create independent income-generating activities. SAWA currently serves Bedouin women in the Negev, Arab Israeli women in northern Israel and Jewish Israeli women. SAWA loans support a wide variety of small business types including consumer goods sales, grocery stores, animal raising, hairdressing, sewing, and day care. SAWA continues to grow and serve new populations while maintaining a loss rate of less than 3%.

About Israel

  • $28,930
    Average annual income
  • 0
    View loans »
    Israel Loans Fundraising
  • $1,247,675
    Funds lent in using Kiva
  • 3.5
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,850 helped Kaida to organize her work room, renovate and ensure an orderly and conducive work environment.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Mar 30, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013