Wupa needs to make renovations. After there was city-wide work in her yard, areas of her day care were affected and now Wupa is taking the opportunity to make some important upgrades.
Wupa needs this loan to assist in paying for a new partition, plumbing work, flooring, play toys, and work on the outside play area.
Wupa has four grown children of her own and she wants to be able to continue to provide quality care and to help with her grandchildren’s education.
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%.
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This loan has been fully funded!