Somaia and her husband managed to start building their own house in their home city of Jenin and this consumes most of their income; so Somaia thought of taking a $3,000 loan from FATEN to cover the last payment they have to make in order to have the house completed.
The family is hoping to move in to the new house as soon as possible, Somaia and her husband are the ones in the picture above leaving FATEN's office in Jineen.
About FATENPalestinians face unique challenges due to the economic and political environment in the West Bank and Gaza. Click here to learn more about how Kiva and FATEN are working to help Palestinian borrowers overcome these obstacles and how your support can make a difference.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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