Amna is a 48-yearld mother of eight. She lives in the Negev region. Amna opened a small mini market with snacks and toys. Her store serves the neighborhood and caters to children during their school breaks and after school, providing snacks and treats.
Amna needed this loan to restock for the new school year, purchase a refrigerator, and expand her line of merchandise.
In the future she wants to further expand and include dairy products such as yogurts, milks and cheeses.
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%.