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Mohammad
Mohammad is a 55-year-old man; he is married with three sons and four daughters. He is a taxi driver and one of his sons is a worker with a decent salary. Mohammad wants to make some repairs to his house, such as painting and changing tiles. He also wants to purchase some new home furniture, such as living room furniture and bedroom furniture for his children. But the amount of money he has isn't enough to pay for these items, so he needs a loan of $2,000 from FATEN. When Mohammad gets the loan, he will be able to pay for the necessary repairs to his house and pay to purchase new home furniture. This will enable him to offer better living conditions for his family. Mohammad is photographed in a FATEN branch office.

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

  • $4,900
    Average annual income
  • 57
    View loans »
    Palestine Loans Fundraising
  • $11,387,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mohammad to repair his house and purchase some new home furniture.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Nov 8, 2011
Currency Exchange Loss:
N/A
Ended:
May 23, 2013