For reasons of modesty, Nariman’s mother is pictured.
Nariman is a 21-year-old widow. She left her parent’s home with dreams of starting her own family when tragedy struck. Her husband was killed, and now she is restarting her life, determined to make a better future.
She has taken over her family’s business, with her mother. They own a small store, and Nariman has taken charge. She is expanding the shop to ensure a secure and decent income for herself and her parents. Nariman decided to introduce additional products, ready-made food, refrigerated items, cigarettes, soft drinks, toys, and sweets.
Nariman needs this loan to purchase much needed stock, improve her shelving, and upgrade her refrigerators.
Nariman wants to further expand the shop, and one day she plans to renovate the store.
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%.