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Rena
Rena is a 21-year-old mother of two. She recently completed the Social Services Day Care Training Course and has been certified to open her day care for this school year. She prepared a place in her home for the child care but needed to develop an outside play area for the children and infants. In Rena's area, there are no other home-based day care centers and one is sorely needed.

Rena needed this loan to create a sandbox play area and to purchase toys, play sets, shelves, cots and other supplies. Rena wants to establish her day care and keep it running professionally while creating a loving environment for the 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
  • 3.6
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,775 helped Rena to create a sandbox play area, purchase toys, play sets, shelves, and cots.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 30, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013