Nasreen is 28 years old. She lives with her husband and three children (two girls and a boy, aged 10, 8,5) in the Old City of Jerusalem. She is the household breadwinner. She gets some income from hairdressing and beauty treatments, but their home is too small to expand this business. She has received business training from MATI, a business development foundation in Jerusalem, and has begun to import blouses on a small scale. Demand for these imports was heavy at a good price, and she now seeks working capital to expand this import business. If this is successful, she hopes to set up a boutique in the Old City where she can combine this business with her hairdressing and beauty treatments.
About Jerusalem Interest-Free Microfinance Fund Limited
Jerusalem Interest - Free Microfinance Fund (JIMF) is a charitable organization that provides loans and business development training to entrepreneurs and small business owners in Jerusalem. To address the city’s 40% poverty rate, it brings together women from the poor ultra-orthodox Jewish (Charedi) and Arab communities to receive training and build strong local economies. In the process, it aims to ease tension between religious and ethnic groups and promote peaceful interactions.
Jerusalem Interest - free Microfinance Fund joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.