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Sadeq
Sadeq, age 62, is a pensioner. He and his wife have raised four sons and seven daughters, and one of his sons is a worker with a decent salary.

Sadeq wants to improve the conditions of his house. Preparations for the winter season must be made, such as replacing the windows and purchasing a new space heater. He does not have the necessary funds for these necessities, so he is requesting a loan in the amount of $2,000 from FATEN. With the loan proceeds, he will prepare his house thoroughly for the winter season, allowing his family to experience better living conditions.

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
  • 54
    View loans »
    Palestine Loans Fundraising
  • $11,391,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Sadeq to make essential preparations to the family home for the winter months, such as replacing the windows and purchasing a new space heater.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013