Naama is a 33-year-old mother from the Negev. She married young and is raising her family but strives to create a secure future for them. Naama began raising sheep. She has developed a steady and healthy business activity.
Naama needs this loan to purchase more ewes and secure her business possibilities.
In the future, Naama wants to expand her business and sell dairy products she makes from her sheep’s milk.
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%.