Update on HalaHala is a 21 year old young woman, who is married with two sons. Her husband is an employee in a local small association with a decent salary, which is not enough to cover the family's needs. Hala and her husband have a small farm where they raise sheep and sell their products. This has been a profitable project.
Hala is requesting a youth loan from FATEN to help her cover the costs of purchasing more sheep and feeds and expanding the project. This will increase sales and improve the family's income. Hala is photographed in the picture.
Previous Loan DetailsHala is a mother of one child, Hala and her husband Ibrahim has a small farm in Hebron where they raise sheep and sell them. Hala and her husband started this business six years ago. Hala came to FATEN and took a $1500 loan to purchase feed for the sheep they raise. This is the second loan they… More from Hala's previous loan »
More information about this loan
This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
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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