Mohammad wants to purchase new home furniture to improve his family's living conditions, but the amount of money he has isn't enough to pay so he needs to take a loan of $2,000 from FATEN to pay. When Mohammad gets the loan which is repaid on a monthly basis, he will pay to purchase new home furniture and live with his family in healthy better living conditions. Mohammad is photographed in the picture.
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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