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Mohammad

Update on Mohammad

Mohammad is a 54-year-old married man, a father with four sons and three daughters.

For the past two years, Mohammad has been running a grocery store, which has been a profitable project, but not enough to cover all his expenses.

Mohammad is requesting a 1,200 USD loan from FATEN to help him cover the cost of purchasing a variety of products and groceries for sale such as: rice, milk, sugar, and cooking oil. This will enable Mohammad to offer customers all the types of groceries they often request and buy, which will increase sales and improve the family's income.

Mohammad's photo was taken inside his grocery store.

Previous Loan Details

Mohammad is a 54-year-old man, and he is married with four sons and three daughters. He is a school teacher with a decent salary. Mohammad has his own project which is a grocery store. He wants to purchase more groceries so he can have a better collection for sale to increase his income, but ... More from Mohammad'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

  • $4,900
    Average annual income
  • 39
    View loans »
    Palestine Loans Fundraising
  • $11,639,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mohammad to purchase more groceries for sale.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 13, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 21, 2013