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.
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 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.
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