Heigar is from Israel’s Negev region. She was never given the opportunity to study in school. Through her determination and a desire to succeed in life and be economically independent, Heigar has developed into a good microenterpreneur and income-provider. Heigar has a store which sells children’s and women’s clothes, as well as tablecloths and bedding supplies. She recently moved her store and undertook renovations, in order to expand. Heigar needed this loan to assist in buying stock of women’s and children’s clothing, children’s games, bedding, linens and gift items. Heigar’s store is centrally located and provides the opportunity for mothers to buy for themselves and their children all in one location She wants to further expand and in the future provide a one-stop-shopping bazaar for the entire family.
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%.