Check out some available loans that are similar to this one!
Ivtisam
Ivtisam has provided sewing and alteration services for many years along with knitting items. She has become known for her own designs and excellent work. Recently, she began working adjacent to a bridal salon and is expanding her business. She provides additions and decorative pieces to formal and bridal wear, sells some of her own pieces, and provides alterations for her customers. Although Ivtisam dropped out of school for personal reasons after 8th grade, over the years she has taught herself and gained much-appreciated skills. Many salons in the area are beginning to utilize her services.


Ivtisam needs this loan to purchase a specialized sewing machine, stands, shelving, and materials for sewing and knitting.


Ivtisam wants to continue to expand her business, meeting the ever-growing demand of her customers and area bridal boutiques. One day, she wants to open a shop where she will sell more of her own pieces and designs.

Additional Information

More information about this loan

KIEDF targets some of the most marginalized groups and areas in Israel with its microfinance services, specifically working with Bedouins, Haredi women, and Israeli-Ethiopians. By contributing to this loan, you are supporting a borrower who otherwise would have very limited access to financial services. 

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
  • $1,220,600
    Funds lent in using Kiva
  • 3.6
    Israel New Shekels (ILS) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $4,150 helped Ivtisam to purchase a specialized sewing machine, stands, shelving, and materials for sewing and knitting.
81% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
Apr 27, 2013
Currency Exchange Loss:
Possible