Environmental wrapping

Yishai has created a sustainable alternative to conventional plastic and nylon food storage solutions. His product is simple yet highly effective, with the ambitious aim of reducing plastic usage. Yishai believes that this product can be made accessible to every household in Israel, enabling individuals to minimize their plastic consumption and instill the belief that they can make a positive impact.

My impact loan status:

$23,409 / $23,409
Meet Yishai Bakal

Micro lending, Macro Impact

The company aims to expand and innovate by acquiring advanced production equipment to facilitate business growth and amplify the product’s positive environmental impact.Our ambition is to reach new markets in relevant stores so that not only those who actively enter the online store can be exposed to our product.

My business - My spark

Our product “The Wrapper”, is a fabric coated with a natural mixture of wax, cocoa butter and pine resin which together provide a large number of benefits in maintaining food freshness, comfort and cleanliness, and thus the use of plastic bags / aluminum foil/ plastic boxes etc., can be avoided or reduced. In the near future we are developing a machine that will allow us to produce higher quality and larger volumes, and for that we need the loan. Our ambition is to reach new markets in relevant stores so that not only those who actively enter the online store can be exposed to our product. This way, we can reach new target audiences. Today, most of our customers are those who have sustainability on their minds, those who are actively looking for an efficient and convenient solution. With the help of entering the stores, we can also reach customers who are less concerned about the issue of sustainability, but thanks to the benefits of the product, they will be able to join the change and discover the economic and personal advantages involved – for them as well.

A few more words

I am, 34, from Haifa. For ten years I used to develop educational frameworks for woodworking and sustainability. Today I am the owner of the “Wrapper”. I believe we can reach every home in Israel. This way, each and every one can reduce the use of plastic and succeed in acquiring the belief that they can do good.

FAQ

100% of your loan goes to the business or businesses of your choosing.

No. In fact, please invite your friends in making an impact and helping a business in Israel flourish. If you are interested in funding the full loan amount, please email info@sparkil.org.

You will begin to receive monthly repayments after the campaign ends. The balance can be seen in you SparkIL account. SparkIL does not guarantee repayment but works diligently to ensure the borrowers pay back their loan in full.

A cross section of businesses, throughout Israeli society are encouraged to apply for a loan through SparkIL. The business owners fall within the social, economic, or geographic periphery of Israel. For more on that visit our impact page.

The SparkIL team works closely with the borrowers to promote the campaign in various mediums to ensure the loan is fully funded.  In some cases, there are matching dollars that will be used if a campaign needs a boost. Most borrowers will still be able to use the money even if the loan is not fully funded.

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Israel is at war

Small Israeli businesses need your support now more than ever. SparkIL has expanded the eligibility for recieving a loan to any business that has been affected by the war