Nadia provides cosmetic treatments and has built a salon that is well liked and appreciated in her area. She is constantly working to ensure her salon stays strong by drawing customers and providing quality services. She completed a training course in laser treatments and wants to introduce such treatments to her salon.
Nadia needs this loan to help buy a laser hair removal machine.
Nadia is a professional and one day wants to expand into a full-service beauty salon providing a variety of cosmetic treatments.
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%.