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Wa'el
Wa'el is a 47-year-old man; he is married with no children yet. He is a Palestinian National Authority employee with a decent salary. Wa'el wants to make repairs to his house such as changing tiles, changing windows and doors, etc., but the amount of money he has isn't enough to pay, so he needs to take a loan of $3,000 from FATEN. When Wa'el gets the loan, he will be able to repair his house and offer his family better living conditions. Wa'el is photographed in the picture.

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

  • $2,900
    Average annual income
  • 111
    View loans »
    Palestine Loans Fundraising
  • $10,945,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Wa'el to make repairs to his house and improve it to live in conditions.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2011
Listed
Nov 7, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013