Sanaa is married and the mother of three from northern Israel. She works part time at the post office, but for several years, she has studied hair styling and makeup artistry. She opened a small salon in her home and is working to expand her business and increase her income. She is determined to create a prosperous business.
Sanaa needed this loan to purchase equipment, chairs for two hair-cutting stations, hair-coloring supplies, cosmetics, professional scissors, combs and brushes.
Sanaa wants to continue to expand her business. After years of investing in her skills, she wants to see her salon flourish. She is determined to create a prosperous business.
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%.