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Mostafa
Mostafa is a 27-year-old young man who is married but with no children yet. For the past five years he has been operating a hair salon (the photo shows him working in his shop). His business is a profitable one, but he needs more money to cover the couple’s needs.


Mostafa is requesting a 1,000 USD youth loan from FATEN to help him cover the cost of buying more salon supplies such as hair dryers and different types of hair brushes and scissors. This will improve the quality of his work and further satisfy his loyal customers. He feels this will lead to more customers and so improve his income.

Additional Information

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 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.

About Palestine

  • $2,900
    Average annual income
  • 29
    View loans »
    Palestine Loans Fundraising
  • $11,166,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mostafa to buy more salon supplies.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 15, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 21, 2013