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Ziyad

Update on Ziyad

Ziyad, 49, is married and has three sons and two daughters. He has a low pension salary and also has a grocery store.

Ziyad wants to purchase more groceries for the store so he will have a better collection for sale and will be able to increase his income. He hasn't enough money to pay for this, so he needs a loan of $2,000 from FATEN.

When Ziyad gets the loan, he will purchase more groceries. This will increase his sales and income. This will enable him to create better living conditions for his family.

Ziyad is photographed in his grocery store.

Previous Loan Details

Ziyad is a Palestinian man living in the Al-Shiekh Radwan neighborhood in Gaza City. He is married with five children and the eldest is studying in the university. Ziyad is an employee in the Palestinian National Authority in addition to owning this grocery store. He bought this store from his… More from Ziyad'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
  • 35
    View loans »
    Palestine Loans Fundraising
  • $10,076,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ziyad to purchase groceries for his grocery store.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 20, 2013