Update on LateefaLateefa is a conservative person who prefers not to have her photo published online, so her husband appears in her Kiva profile photo, pictured in the grocery store.
Lateefa is a 38-year-old woman, she is married and a mother to four sons and two daughters.
Lateefa's husband has had a grocery store for three years, selling different types of groceries. It has been a profitable project and is the only source of income to the family, but not enough to cover their expenses.
Lateefa is requesting a 1,500 USD loan from FATEN to help her husband cover the costs of purchasing basic groceries that customers often request such as rice, sugar and milk, and to make improvements in the store's condition such as painting and installing additional shelves. This will increase sales and increase the family's income.
Previous Loan DetailsLateefa is a mother of two daughters and two sons. Lateefa and her husband started a small grocery store two years ago. The store is giving the family decent returns. Lateefa took a loan from FATEN to purchase more variety of goods to enrich the grocery store and attract more clients. Lateefa's… More from Lateefa'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.
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