Palestine > Palestine for Credit & Development (FATEN)

About the Field Partner

Palestine for Credit & Development (FATEN) administers this loan. Learn more

Field Partner:

Palestine for Credit & Development (FATEN)

Field Partner Risk Rating:

(Learn more)

Time on Kiva:

7 months

Kiva Entrepreneurs:

127

Total Loans:

$256,775

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	11%
Profitability (Return on Assets):	-1%
Average Loan Size (% of Per Capita Income):	127%

Delinquency Rate:

2.70%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

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Kiva Fundraising Status

Fundraising Status	Pilot
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Other Information Sources

MIX Profile	View MIX Profile
Network Affiliation	None
Social Performance Reporting Level	Reporting to MIX
Consumer Protection Principles	N/A
Field Partner Website	View Website
Email Contact	faten@faten.org

FATEN is a non-profit company that provides micro and small loans to economically active entrepreneurs, especially women. FATEN started as program within Save the Children Federation US in 1994 and spun off and became completely independent in 1999.

Our Mission

We are: Palestine for Credit & Development "FATEN", a pioneering national not-for-profit corporation which provides a variety of high quality and sustainable financial services, for low income and economically active small scale enterprises and micro entrepreneurs, specially women, through a high caliber staff and an advanced infrastructure to contribute in the effort of family empowerment and community development in Palestine.

Our Vision

For FATEN to be the main address for microfinance in Palestine.

Repayment Performance on Kiva

		This Field Partner	All Kiva Partners
	Start Date On Kiva	Jun 18, 2009	Oct 12, 2005
	Total Loans	$256,775	$118,121,935
	Amount of Raised Inactive Loans	$2,000	$147,475
	Number Of Raised Inactive Loans	1	212
	Amount of Paying Back Loans	$252,775	$50,404,975
	Number Of Paying Back Loans	125	68,278
	Amount of Ended Loans	$2,000	$67,569,485
	Number Of Ended Loans	1	99,368
	Delinquency Rate	2.70%	4.10%
	Amount of Paying Back Loans Delinquent	$6,836	$2,067,573
	Amount of Paying Back Loans	$252,775	$50,404,975
	Number of Paying Back Loans Delinquent	5	7,071
	Default Rate	0.00%	1.73%
	Amount of Ended Loans Defaulted	$0	$1,170,399
	Amount of Ended Loans	$2,000	$67,569,485
	Number Of Ended Loans Defaulted	0	3,524
	Currency Exchange Loss Rate	0.00%	0.00%
	Amount of Currency Exchange Loss	$0	$0
	Refund Rate	0.00%	1.05%
	Amount of Refunded Loans	$0	$1,240,850
	Number Of Refunded Loans	0	1,583
Updated as of February 9, 2010 12:49 AM

Loan Characteristics On Kiva

		This Field Partner	All Kiva Partners
	Loans to Women Entrepreneurs	42.19%	78.07%
	Average Loan Size	$2,022	$401
	Average Individual Loan Size	$2,022	$595
	Average Group Loan Size	$0	$1,545
	Average Number Of Entrepreneurs Per Group	0	0
	Average GDP Per Capita (PPP) in Local Country	$0	$3,428
	Average Loan Size / GDP Per Capita (PPP)	0.00%	11.69%
	Average Time To Fund A Loan	3.51 days	2.45 days
	Average Dollars Raised Per Day Per Loan	$576.03	$163.61
	Average Loan Term	18.38 months	9.27 months
Updated as of February 9, 2010 12:49 AM

Journaling Performance on Kiva

		This Field Partner	All Kiva Partners
	Total Journals	24	60314
	Journal Coverage	19.05%	29.52%
	Journal Coverage, Kiva Fellows	0.00%	0.19%
	Journal Frequency (Average Per Loan Per Year)	0.66	0.31
	Average Number Of Recommendations Per Journal	1.50	8.88
Updated as of February 9, 2010 12:49 AM

Borrowing Cost Comparison

	This Field Partner	Median for MFI Peers in Country	All Kiva Partners
Average Interest Rate and Fees Borrowers Pay (Portfolio Yield)	11%	N/A	35.22%
Average Partner Return On Assets (Average Profitability)	-1%	N/A	-0.47%
Average Loan Size (% of Per Capita Income)	127%	N/A	43.94%