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Hiba

Update on Hiba

Hiba is a 24-year-old woman, married, and the mother of one son. She is a conservative person who prefers not to have her photo published online, so her husband appears in her Kiva profile photo.

For the past year, Hiba's husband has had a computer accessories store in the city, in addition to maintaining computers for customers. This work has been a profitable project and the only source of income for the family, but it also needs more support to cover the family's needs.

Hiba is requesting a 2,000 USD youth loan from FATEN to help her husband cover the costs of purchasing new tools for maintaining computers. This will improve the quality of his work and increase the family's income positively.

Previous Loan Details

Hiba is a young woman from Qalqilia. She is married and has no children. Hiba's husband runs a computer accessories store in the city. He sells accessories such as printers, mouse pads, hard disks, memory sticks, etc. Hiba took out a loan from FATEN as her husband wants to purchase a large number... More from Hiba's previous loan »

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.

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
  • 41
    View loans »
    Palestine Loans Fundraising
  • $11,632,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hiba to purchase new tools for maintaining computers.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013