Safaa is a 42-year-old mother of two from northern Israel. She is a certified nursery school teacher with additional training and certification in young childhood education and care. Safaa manages a daycare and is part of the Social Services Daycare Network. This network ensures Social Services pays tuition of children they sponsor directly to Safaa. In addition, Safaa's daycare enjoys clientele from her neighborhood which is made up of young families. Social Services is now requiring a special reinforced safe room be added to all of their approved daycare centers. Safaa needed this loan to build the reinforced safe room for her daycare facility.
Safaa enjoys the support of her family and wants to continue and see her business provide a warm, loving and positive educational environment for the children in her care. One day she hopes to develop a mother-child center where she will offer children activities and baby massages along with young child education classes for mothers.
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%.