Isam is a 27-year-old man. He has a clothing store, which has many loyal customers. He wants to make a bulk purchase of winter clothes to have a better new collection for sale. But the amount of money he has isn't enough to pay for the purchase, so he needs to take a loan of $3,000 from FATEN. When Isam gets the loan, which is repaid on a monthly basis, he will be able to purchase a collection of new winter clothes so that he can compete with others and increase his income. This will enable him to live in better conditions and improve his store.
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.