Marcel’s Extracurricular Activities

My business offers private after-school activities for children in schools and kindergartens across the entire southern region. However, due to the ongoing war, a significant portion of our customer base, mainly parents, has not returned to work, impacting our operations.

Despite the challenges, we still face ongoing expenses and we need help through these challenging times.

My impact loan status:

$27,724 / $27,724
Meet Marcel Efrat Cohen

Micro lending, Macro Impact

Most of our customers have not returned to work due to the war, and consequently, our jobs have been affected. The expenses persist, including warehouse rent, double account management for the company, CEO salary, regional manager salary, office expenses, office rent, and more.

I am seeking a loan to sustain the flow of my company, enabling it to endure the challenges posed by the war.

My business - My spark

My business provides private after-school activities for kids in schools and kindergartens across the entire southern region. I employ about 50 instructors in various roles, including freelancers and hired artists. We conduct classes in kindergartens and schools throughout the southern region, including Sderot, Netivot, Ashkelon, Ashdod, BS, Rasheltz, Bat Yam, and more. Additionally, we operate in cities such as Ramat Gan, Modi’in, Herzliya, Haifa, Pardes Hana, and Kiryat Ata.

My team functions like a second family; everyone shares a deep understanding of the mission to work with children and recognizes the significant potential to have a positive influence on their lives.

A few more words

I’m Marcel Efrat Cohen, 34, hailing from Acre and proudly a Maccabi Haifa fan. Initially, I started my career in children’s birthday activities. After a few years, I transitioned to working in a children’s theater class in the afternoons.

Over time, my business has gradually expanded, reaching several cities. We have grown from servicing just two cities initially to expanding our presence to 17 new cities, marking a significant milestone in the journey.

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.

Need assistance? Ask us.

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