Miriam is a 41-year-old widow from southern Israel. She raises sheep and sells the milk and labane cheese she produces.
Miriam needs this loan to purchase additional sheep to meet production demands.
Miriam wants to continue and see her business strengthen and expand. She strives one day to build homes for her children.
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%.