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Jul 27, 2016 6:36 EST

Israel – Zizpon: A loan of $1,300 helps to pay for supplies and very small renovations.

iCrowdNewswire - Jul 27, 2016

Zizpon

Israel
 
Negev, Israel / Cosmetics Sales
 
Borrower image

Zizpon’s story

Zizpon is part of a solidarity group in Israel’s Negev region. She opened a cosmetics ‎business in her village. Zizpon is a young mother of three. She has taken the time to ‎gain skills, learn techniques, and build her business slowly. She is working with her loan ‎officer and solidarity group, taking smart steps to create a strong activity that will assure ‎income for her family.‎

She needs this loan for supplies and very small renovations.‎

Zizpon is working to develop her business activity, have it grow, and continue to provide ‎income for her family. She is saving the extra profits for her children’s needs and ‎education.‎ 

This loan is special because:

It’s designed to help some of the most marginalized people in Israeli society. 

Lev Plaves
Kiva staff 

More 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 Koret Israel Economic Development Funds (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%.

A loan of $1,300 helps to pay for supplies and very small renovations.‎.

Contact Information:

Zizpon

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