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Kiad
Kiad is 41 years old and the father of three. He is from Bir Almaksor. Kiad has worked for years as a truck driver, transporting stock and supplies throughout the country. He decided he wanted to secure a decent income for his family and last year he invested in a street cleaning business and purchased a street-cleaning truck. Since then, the municipality has hired him as a street cleaning contractor for ten cleanings a month, which promises a strong income. He is assured a strong start to his business. Kiad continues to work as a truck drives but is working to acquire additional contracts from other cities and villages.

Kiad is requesting a loan to complete his truck payments and begin his business. He hopes one day to be working fulltime in his own street cleaning business.

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
  • 4.0
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $5,050 helped Kiad to begin his street-cleaning business and complete payments on his cleaning truck.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2012
Listed
Sep 12, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014