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Maliha

Update on Maliha

With her previous loan, Maliha was able to expand her mini market. She worked hard and repaid her loan early. After surveying her customers and potential customers, Maliha decided to further expand her stock and introduce gift items and household goods. Maliha planned on her expansion in preparation of Ramadan and increased holiday buying. This is why she made sure she was able to repay her first loan and request a new larger one for her current expansion.



Maliha's immediate goals are to help her son in buying his home and getting him married. She wants to see her store grow from strength to strength.

Previous Loan Details

Maliha is from Israel’s southern region. She lives and works in a Negev town. For over 20 years Maliha worked in agriculture, carrying out back-breaking jobs for low wages. In 2008, she opened a small mini-market that serves her neighborhood. The mini-market proved successful and now she is expa... More from Maliha's previous loan »

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%.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Israel

  • $28,930
    Average annual income
  • 0
    View loans »
    Israel Loans Fundraising
  • $1,261,500
    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 $5,625 helped Maliha to expand her stock and include gift items and household goods in her store.
69% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 10, 2013
Listed
Aug 10, 2013
Currency Exchange Loss:
Possible