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Mamoun
Mamoun is a young man from Tulkarem city. Mamoun works in a sewing workshop in the morning and fixes electrical machines. Mamoun is married and a father. He was able to buy an apartment after years of savings. Now he started putting final touches on the house, such as painting walls, installing washbowls and sinks. In order to pay for the installations and painting, Mamoun came to FATEN and took a loan to cover the cost. Mamoun wants to finish fixing the house to be able to move in next year. Mamoun appears in the picture here in FATEN's branch in Tulkarem.

Additional Information

About FATEN

Palestinians 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.

About Palestine

  • $2,900
    Average annual income
  • 1
    View loans »
    Palestine Loans Fundraising
  • $11,183,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mamoun to put the final touches on his house such as painting and installing washbowls.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Dec 22, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 22, 2012