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Zana
Zana is a 39-year-old mother of four from Israel’s Negev region. For the past three years she has managed a mobile jewelry store selling pieces in the city and a nearby village. After studying her competition and speaking to existing and potential customers, Zana decided it was time to open a shop. She has rented a place at the entrance to a major neighborhood which is easily accessible.

Zana needs this loan to assist in purchasing shelving and closets, rings, watches, and earrings, and to help with payment of renovations.

Zana wants to see her shop develop and one day expand to include additional items wanted by women. She wants to see herself become an economically strong, independent woman.

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

  • $36,200
    Average annual income
  • 0
    View loans »
    Israel Loans Fundraising
  • $1,314,650
    Funds lent in using Kiva
  • 3.6
    Israel New Shekels (ILS) = $1 USD

Success!! The loan was 100% repaid

A loan of $5,500 helped Zana to purchase shelving and closets, rings, watches, and earrings, and to help with payment of renovations.
100% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014