Hahma is from Israel’s Negev region. She is a second wife and has struggled under her husband’s first wife. Hahma originally only completed elementary school but through her determination she went back and earned her high school certification and has continued taking courses and furthering her knowledge. Hahma struggles economically and wanted to open a home based business, but because of the relations with her husband’s first wife, this was not possible. Slowly, slowly, Hahma opened a booth and began selling jewelry, gift items, and perfume.
She needed this loan to enlarge her business and purchase additional stock and supplies.
Hahma wants one day to make the pilgrimage and for her business to expand into selling a variety of shoes.
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%.