Muntaha is a 37-year-old mother of four children. She completed high school and then started her family.
Muntaha is a dedicated and determined woman. She has two business activities. Muntaha started the first business, an at-home daycare center, more than a year ago. With her second business, she sells women’s and children’s clothing. She has an area in her home that she has converted into space for her business.
With the two businesses, Muntaha can ensure a decent income for herself and her family.
Muntaha needs this loan to purchase stock, undertake renovations and expand her clothing business.
One day, she wants to open a clothing store and go back to studying.
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%.