Page 33 - The Jewish Agency's Loan Fund

COMPANY BACKGROUND:
In 2010 Hanita decided to establish the Karmisoft software
and hardware company. She decided that the company
would engage in developing hardware and software for
various countries in Israel and around the world. When
she started the company one of the main decisions Hanita
made was to employ women from the ultra-orthodox
community, and that the working hours would allow the
women to combine family life with work at a high-tech
company. In the middle of 2010 Hanita attracted Rivka
Rakovski to invest in the company. Mrs. Rakovski is a
wealthy ultra-orthodox woman whose 2 daughters live in
Carmiel. Mrs. Rakovski considers investing in the company
as a business opportunity and also as a social opportunity
to change the employment structure of ultra-orthodox
women in the area of Carmiel. The company currently
employs 14 personnel.

In 2012, the company found itself in cash flow difficulties,
as a result of the payment conditions of the customers
and the need to expand the personnel.

The loan she received allowed the company
to continue expanding. Hanita would like to
thank the Pittsburgh community for its help,
and to extend an invitation to members of the
community to visit the company when they
are in the region.

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