Update on MuhannadMohannad is a 38 year old young man. He is a father with one son and two daughters. He works in agriculture, but it is not enough to cover the family's needs. For the past two years, he has also been raising and selling sheep and sheep products, which has been a profitable project.
Mohannad is requesting a 2,000 USD loan from FATEN to help him cover the costs of purchasing more sheep, and in the future he is looking to build up a herd which will be a suitable place to raise sheep. This will increase sales and improve the family's income. Mohannad is photographed in the picture.
Previous Loan DetailsMuhannad is a young Palestinian man from Jenin. He has an auto repair workshop that he has been working in for a long time. Recently, Muhannad started fixing the cross-arm in cars, which connects the engine and the drive wheel. This work turned out to be very rewarding so he decided to start… More from Muhannad'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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