Palestine > Palestine for Credit & Development (FATEN)

About the Field Partner

Field Partner:

Palestine for Credit & Development (FATEN)

Field Partner Risk Rating:

(Learn more)

5 months

$122,075

0.00%

N/A - No Loan Terms Completed

Currency Exchange Loss Rate:

0.00%

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Kiva Fundraising Status

Fundraising Status:	Pilot
See all fundraising loans from this field partner >>

Other Information Sources

MIX Profile:	View MIX Profile
Network Affiliation:	None
Social Performance Reporting Level:	N/A
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	$122,075	$101,929,710
	Amount of Raised Inactive Loans	$0	$111,475
	Number Of Raised Inactive Loans	0	164
	Amount of Paying Back Loans	$122,075	$44,703,125
	Number Of Paying Back Loans	60	63,327
	Amount of Ended Loans	$0	$57,115,110
	Number Of Ended Loans	0	83,635
	Delinquency Rate	0.00%	4.28%
	Amount of Paying Back Loans Delinquent	$0	$1,913,000
	Amount of Paying Back Loans	$122,075	$44,703,125
	Number of Paying Back Loans Delinquent	0	6,018
	Default Rate	0.00%	1.96%
	Amount of Ended Loans Defaulted	$0	$1,119,957
	Amount of Ended Loans	$0	$57,115,110
	Number Of Ended Loans Defaulted	0	3,369
	Currency Exchange Loss Rate	0.00%	0.00%
	Amount of Currency Exchange Loss	$0	$0
	Refund Rate	0.00%	1.09%
	Amount of Refunded Loans	$0	$1,112,375
	Number Of Refunded Loans	0	1,446
Updated as of November 21, 2009 1:11 AM

Loan Characteristics On Kiva

		This Field Partner	All Kiva Partners
	Loans to Women Entrepreneurs	52.46%	78.21%
	Average Loan Size	$2,035	$403
	Average Individual Loan Size	$2,035	$591
	Average Group Loan Size	$0	$1,494
	Average Number Of Entrepreneurs Per Group	0	0
	Average GDP Per Capita (PPP) in Local Country	$0	$3,464
	Average Loan Size / GDP Per Capita (PPP)	0.00%	11.65%
	Average Time To Fund A Loan	1.71 days	2.27 days
	Average Dollars Raised Per Day Per Loan	$1,189.81	$177.73
	Average Loan Term	18.69 months	9.31 months
Updated as of November 21, 2009 1:11 AM

Journaling Performance on Kiva

		This Field Partner	All Kiva Partners
	Total Journals	1	51642
	Journal Coverage	1.67%	28.22%
	Journal Coverage, Kiva Fellows	0.00%	0.21%
	Journal Frequency (Average Per Loan Per Year)	0.07	0.32
	Average Number Of Recommendations Per Journal	1.00	10.30
Updated as of November 21, 2009 1:11 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	35.21%
Average Loan Size (% of Per Capita Income)	N/A	N/A	23.43%
Average Partner Return On Assets	-1%	N/A	0.24%