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Regia
Regia is a 42-year-old separated mother of five from Israel’s Negev region. She works part-time as a kindergarten teacher and has a clothing store, which is open in the afternoons and evenings. The store is located on a main street and has a good customer base. However, Regia needs to update her stock to meet her customers' demands.

She needs this loan to pay for electrical work, lighting and new stock of clothes.

Regia wants to continue and strengthen her business but, most importantly, she wants to ensure her children’s education and strong future.

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%.

Tags

About Israel

  • $28,930
    Average annual income
  • 0
    View loans »
    Israel Loans Fundraising
  • $1,247,675
    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 $4,175 helped Regia to pay for electrical work, lighting and new stock of clothes.
81% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible