Update on ThaeraThaera is a thirty-seven-year-old woman. She is married and is a mother of one son and three daughters. Her husband is a worker who gets a low salary, which is not enough to cover the family's costs.
Thaera and her family moved to a bigger new house two years ago, and now she wants to improve her family's living conditions by purchasing new bedroom furniture for her children. Thaera is requesting a 1,500 USD loan from FATEN to help her cover the costs of purchasing bedroom furniture for her children. This will offer Thaera's son and daughters comfortable and suitable bedroom furniture that will fulfill their needs and create better living conditions for them.
Thaera appears in the picture.
Previous Loan DetailsThaera is a young wife and the mother of three daughters and one son. Thaera's husband is a cement and concrete factory guard. Thaera and her family moved to a bigger house last year and the house urgently needed painting. Thaera borrowed money from her parents to pay for the painting and couldn't… More from Thaera'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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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