Funded

Total loan: $5,800
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Ekel

Israel
Kfar Kara, Israel / Services

A loan of $5,800 helped to assist in purchasing treadmills, stationary bikes/spinning machines, free weights, and sofas for her lounge area.


Ekel's story

Ekel is a young woman from the Triangle region studying to be an advanced sports trainer at the prestigious Wingate Institute. Ekel set the goal of opening a sports gym, and just over six months ago she did. She offers aerobics, yoga, Zumba, kung fu and other classes. She already has 300 members utilizing her gym. Following her business plan, Ekel is expanding her equipment and services.

Ekel, with the support of her father, took the time to conduct a field study of potential clients using workout gyms from her village, and those were her first membership recruits. She wants to see 500 members in her first year and in the future become the sports gym for not just her town, but the surrounding kibbutzim and moshavim and area. She has excellent credentials and strong ties through Wingate.

Ekel has requested this loan to assist in purchasing treadmills, stationary bikes/spinning machines, free weights, and sofas for her lounge area.



Loan details

Loan length:

37 months
Disbursed date: May 5, 2014
Facilitated by Field Partner: Koret Israel Economic Development Funds (KIEDF)

Lenders and lending teams




Loan details

Loan length:

37 months
Disbursed date: May 5, 2014
Facilitated by Field Partner: Koret Israel Economic Development Funds (KIEDF)