For the past five years, Nayef has been operating a store for selling car accessories, which has been a profitable project and the only source of income for him, but which helps to cover his family's costs and needs.
Nayef is requesting a 3,000 USD youth loan from FATEN to help him cover the costs of purchasing car accessories in bulk to sell. This will increase sales, especially because his is the only store for selling car accessories in the area where he lives, which will positively lead to improving the family's income.
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.
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