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Naama
Naama is a 35-year-old mother of six. She began selling sheets, blankets and pillows from her home. Her business draws a good clientele with Naama gaining a name in providing quality customer service and a special personal touch. Naama is now ready to move the business from her home to another location in her neighborhood.

Naama needed this loan to purchase additional stock, shelving and do some renovations.

In the future Naama wants to move into a store near the central market and continue to see her business expand.

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
  • 3.4
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,925 helped Naama to purchase additional supplies, shelving, and do some renovations.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013