Nadin is a young mother with one child from Nazareth. After finishing high school, she studied hair styling and cosmetology with plans to open her own salon. However, after she discovered a severe allergy to hair coloring, Nadin had to change her plans. After gaining experience in the retail industry and beginning a business activity of selling linens and undergarments, Nadin was ready to open her own store. She sells ladies undergarments, linens, bags and purses. She opened her store in a central location at the Nazareth market, or souk. Nadin has kept her original customer base and expanded to others from the area and who frequent the souk.
Nadin has requested this loan in order to purchase a shop window, stock, shelving and hanging supplies.
Nadin wants to see her business grow as her family grows, providing a stable future and enabling her child and future children to be educated.
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%.