Nasrin lives in the Negev. She is a 25-year-old mother of four. She owns a small beauty salon for make-up and waxing and now is expanding to bridal rentals, nail extensions and manicures.
Nasrin needed this loan to purchase bridal dresses for rental and beauty salon supplies.
In the future Nasrin wants to open a large bridal salon in the center of her village and employ part-time staff to assist her.
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%.