Eti lives in Ein Tamar. She manages two separate business activities that help support her family. First, she has a catering business which provides services to the municipality for special events. This business is seasonal but Eti has a strong reputation. Second, Eti herself is a skilled artist who decided to offer courses in different crafts and artistry. She is now opening classes in tapestry, mosaics and woodwork.
Eti needed this loan to renovate her studio. She is not new to managing a business, but understood she had the opportunity to take her skills and knowledge and apply them in a different area that could stabilize her monthly income. Eti wants to see her studio grow and provide both long term classes and one day lessons for locals and tourists alike.
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%.