Portfolio
Lev19
Investment terms
- Investment size
- ILS 200,000
- Investment type
- 5 year interest bearing loan
- Investment focus
- Local Economic Development & Employment
Lev19 is a social start-up providing financial and book-keeping services while securing stable employment opportunities for women from the social and economic periphery.
Lev19 is a part of Hano Rado’s “19” initiatives, situated in the heart of the northern city of Zfat. In a city with extremely low socio-economic status, high levels of unemployment and a lack of adequate job opportunities, Lev19 aims to promote employment for women, the majority of whom are Haredi. After receiving training and support, employees provide remote accounting and bookkeeping services. Lev19 has a strong social element that provides much-needed employment opportunities in the city of Zfat.
