Funded

Total loan: $2,800
Powered by 96 lenders

Laura

Israel
Eilat, Israel / Jewelry

A loan of $2,800 helped to purchase stock and prepare for the winter months.


Laura's story

Laura is a single mother of three who has worked in Eilat selling jewelry and fashion accessories on the beach strip since 2000. She has been a wise and successful businesswoman throughout her career. Unfortunately, two years ago her daughter was diagnosed with childhood diabetes. At the onset of the disease, Laura was forced to freeze her business operation and care for her daughter. She then ran into several problems with her credit. Since then she has stabilized her finances, taken care of all previous debts and continued her business. Laura has succeeded in gaining exclusive contracts with a number of popular suppliers ensuring products in high demand to her potential clients.

Laura needs this loan to purchase stock and prepare for the winter months where business is slower. Her business is stronger during high tourist season in this summer resort town.

In the future, she wants to expand the number of exclusive suppliers she has and employ additional staff.



Loan details

Loan length:

27 months
Disbursed date: December 21, 2010
Facilitated by Field Partner: Koret Israel Economic Development Funds (KIEDF)

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: December 21, 2010
Facilitated by Field Partner: Koret Israel Economic Development Funds (KIEDF)