Update on KholoudKholoud is a 38 year old woman, who is married with three sons. Her husband is a construction worker with low income. Kholoud wants to help her husband get new construction tools to enhance the quality of his work. For this reason, she is requesting a loan of $1,500 from FATEN. The tools will help improve her husband's income, which will allow the couple to provide better living conditions for their family. Kholoud is photographed in the picture.
Previous Loan DetailsKholoud is a housewife and mother of three sons and lives in Bethlehem. Kholoud's husband, who appears with her in the picture posted here, is a construction worker. He builds houses in the city of Bethlehem and in Beit Sahour and Beit Jala, which are the neighboring cities of Bethlehem.… More from Kholoud's previous loan »
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.
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.
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