Sa'ed is a 25-year-old young man. He is a Palestinian National Authority employee with a modest salary. Sa'ed has his own business which is raising sheep for the sale of their products. He wants to purchase more sheep but the amount of money he saves from his salary isn't enough to pay for it, so he needs to take out a loan of $3,000 from FATEN. With this loan, which is repaid on a monthly basis, Sa'ed will easily have enough money to pay for more sheep. Increased sales from their products will increase his income and lead to better living conditions for him.
Sa'ed is in the photograph.
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.