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Ahmad

Update on Ahmad

Ahmad is a 46-year-old man, he is married and a father to six children.

Ahmad owns a barber shop in the old city of Bethlehem. He started this business when he was 18 years old, as he likes hairstyles. He took several training sessions to be a professional.
Ahamad requested from FATEN a 3,000 USD loan to renovate his shop and update the decor in order to attract more customers. He will also use the loan to buy new products for hair and skin treatments. Ahmad appears in the picture at the entrance to his shop.

Previous Loan Details

Ahmad is a young Palestinian man living in Bethlehem. He is married with six children. Ahmad owns a barber shop in the old city of Bethlehem. He started this business when he was still 18 years old as he likes hairstyles. He took several training sessions to be professional. He has another emp... More from Ahmad's previous loan »

Additional Information

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
  • 43
    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 $3,000 helped Ahmad to renovate his shop and to buy new products.
100% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 29, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2015