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Hadar
Hadar is a 33-year-old mother of two now living in southern Israel. Hadar decided to open a pizzeria after doing a field study, talking to residents from the surrounding neighborhoods, and understanding what her skills and strengths are. She has done well, partnered with a delivery company, and is creating a quality product.

Hadar needed this loan to purchase an additional restaurant-size pizza oven so she can meet additional customer demands.

Hadar wants to develop her own brand with signature pizzas and dough and one day open a small chain of restaurants. This is her beginning, but she has plans which have been well thought out.

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
  • $1,211,850
    Funds lent in using Kiva
  • 3.5
    Israel New Shekels (ILS) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $5,800 helped Hadar to purchase an additional restaurant-size pizza oven so she can meet additional customer demands.
32% repaid
Repayment Term
38 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2014
Listed
Mar 21, 2014
Currency Exchange Loss:
Possible