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Manal
Manal is a 34-year-old mother from Kfar Kanaa in northern Israel where she and her family have a gift shop. Manal knew her business needed to expand and diversify. After taking business development courses at her local small business association, she decided to utilize the skills she had gained in art and flowers and add flower arrangements and decorating to the shop.

Manal needed this loan to purchase a refrigerator for the arrangements, a gate for her store, additional signage, equipment and supplies for the arrangements.

Manal wants to continue and strengthen her business, ultimately ensuring a healthy income for her family.

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
  • 3.8
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,650 helped Manal to purchase a refrigerator for the arrangements, a gate for her store, additional signage, equipment and supplies for the arrangements.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 14, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014