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Samiya
Samiya opened a clothing store in a central location of her town. After gaining experience and proving she could manage her business well and earn extra monthly income, Samiya was ready to expand her enterprise. She now sells gifts, trinkets and cosmetics in addition to children's and adults' clothing. Samiya needed this loan to purchase clothing and cosmetics stock for the holiday season and the beginning of the school year. Samiya is opening a savings account for her children and wants to ensure support for their education.

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
  • 3.6
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,775 helped Samiya to purchase clothing and cosmetics stock for the holiday season and the new school year.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Aug 30, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013