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Sabbah

Update on Sabbah

Sabbah is a married man with two sons and two daughters. He and his wife are school teachers who earn decent salaries. Also, Sabbah has a sheep-raising project and benefits from the sale of sheep products. Sabbah wants to expand his project by purchasing more sheep, which will help increase his income. However, he does not have enough money to buy more sheep.

Sabbah requests a loan of $2,500 from Kiva partner FATEN. The loan will enable him to purchase more sheep, so his sales will increase and his income will also increase. As a result, Sabbah will be able to provide better living conditions for his family. Sabbah is photographed in his project.

Previous Loan Details

Sabbah is the father of two daughters and one son. He and his wife are school teachers and have been saving money to build their own house. Now that they have built the house, they are preparing it so that they can move in as soon as possible. Sabbah came to FATEN to get a loan to finish the fina... More from Sabbah's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Palestine

  • $2,900
    Average annual income
  • 64
    View loans »
    Palestine Loans Fundraising
  • $10,705,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Sabbah to purchase more sheep and benefit the sale of sheep products.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 20, 2011
Listed
Nov 7, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013