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Hussein
Hussein is a 29-year-old man; he is married and a father to one son and two daughters. He is employed and gets a low salary, which is not enough to cover the family's needs.

For six months now, Hussein has been opening a grocery store in addition to roasting coffee and nuts and selling them to customers, which has been a profitable project, but does not yet bring in enough money to cover the family's expenses and cover the costs of the store.

Hussein is requesting a 1,500 USD youth loan from FATEN to help him cover the costs of purchasing needed stock of basic groceries that customers often request such as rice, sugar and milk. This will increase sales and increase Hussein's income.

Hussein is photographed in his store.

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
  • 34
    View loans »
    Palestine Loans Fundraising
  • $10,038,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hussein to purchase more groceries to resell.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 21, 2012