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Samiye
Samiya is a married mother of two from Akko. She participated in the municipality's special training and advancement program for cultural preservation. As a course graduate, Samiya was given a shop located in an area with high tourist traffic. Samiya has a basket weaving shop and also provides seminars and basket weaving lessons.

Samiya wants to expand her business and increase her monthly income. She is including additional handmade items such as crochets, rugs and embroideries, as well as artwork and jewelry. In addition, she has begun offering a wider number of seminars both for tourists and locals. The seminars are in demand for special events and birthdays.

Samiya needed this loan to make renovations to her shop and display shelves, and to paint her store.

Samiya has created a well-kept shop which draws a strong tourist trade. With the expansion and increased seminars, she is increasing her business potential. In the future, Samiya wants to branch out into artwork, jewelry and handmade product sales further by increasing her inventory.

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

  • $36,200
    Average annual income
  • 0
    View loans »
    Israel Loans Fundraising
  • $1,290,375
    Funds lent in using Kiva
  • 3.7
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Samiye renovate her basket weaving shop and display shelves.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 21, 2013