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Rimah
Rimah is a young mother from Haifa. After finishing high school she began volunteering to gain experience. She has been working in customer service and has been able to gain a strong understanding of how to work with clients.

She took manicure and pedicure training and has opened a home-based nail salon. Rimah continues to work part time to ensure steady income but she invests her time to expand her home-based salon. Her client base is growing and Rimah is determined to build a stronger economic future for herself.

Rimah needed this loan to help pay for renovations, painting the room, installation of a dividing wall, manicure and pedicure stations, table and client chairs.

Rimah wants to continue to grow her business wisely and one day open a salon in Haifa’s center.

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
  • $1,314,650
    Funds lent in using Kiva
  • 3.9
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,575 helped Rimah to help pay for renovations, painting the room, a dividing wall, manicure and pedicure stations, table and client chairs.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2012
Listed
Nov 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014