Radir is a 23-year-old mother of three. She graduated from the municipality's day care course. Radir is opening a day care for children between three months and three years of age. She began renovating the location and purchased needed toys and equipment in order to open in January.
Radir needs this loan in order to complete the renovations and prepare a safe and loving environment for the children. The municipality has promised her the tuition for the children she is registered to care for as long as the site is ready for operation on time.
Radir is just beginning her family and her career. She has found a vocation which balances her commitments as a mother with her love of children and educating them in their early years. Radir's dream is to open and manage a large-scale day care center with several classes and age groups.
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%.