Funded

Total loan: $2,875
Powered by 79 lenders

Shenhav

Israel
Negev, Israel / Home Products Sales

A loan of $2,875 helped to make renovations to the store and to purchase additional stock.


Shenhav's story

Shenhav is a 36-year-old mother of seven from the Negev region. For years, she and her family have scraped by on welfare struggling to move out of poverty. After taking part in a business development course and researching what type of businesses area residents want and are lacking, Shenhav decided to open a cleaning supplies, paper and plastics products store. Disposable plates, cups and party supplies are in high demand during holiday and wedding seasons. Shenhav has a perfect location close to her home which includes a separate room with its own entrance.

Shenhav needed this loan for renovations to the store; for plaster, paint, windows and additional stock. Shenhav is putting in 50% of her own money and 50% from the loan.

Shenhav dreams of strengthening her business even further, but most of all, she wants to provide a better future for her children and continue to move out of the cycle of poverty.



Loan details

Loan length:

26 months
Disbursed date: May 25, 2011
Facilitated by Field Partner: Koret Israel Economic Development Funds (KIEDF)

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: May 25, 2011
Facilitated by Field Partner: Koret Israel Economic Development Funds (KIEDF)