Mona is looking to improve her home by making some repairs such as painting and changing tiles and purchasing new home furniture such as living room seats and a kitchen table but the amount of money she has isn't enough to pay for this so she needs to borrow a loan of $2,000 from FATEN. When she gets the loan, she will be able to purchase new home furniture and make some repairs. This will change her life positively and offer her family better living conditions. Mona is photographed in the picture.
About FATENPalestinians 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.
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Success!! The loan was 100% repaid