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Vula
Vula is an impressive young woman from Nazareth. She opened a business for private tutoring, after-school group classes and an activity center. Vula has a degree in science education and is currently completing her masters degree in special education. She opened her center to help students succeed in their studies. She offers low prices so low-income families and students with learning difficulties can gain from the tutoring and lessons and succeed in school.

Vula needs this loan to purchase air conditioners, paint for the classrooms, computers for the lab, tables and chairs.

Vula wants to further expand her center and one day open additional branches throughout the country.

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
  • 6
    View loans »
    Israel Loans Fundraising
  • $1,268,800
    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 Vula to purchase air conditioners, paint for the classrooms, computers for the lab, tables and chairs.
66% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible