For the past three years, Mohammad has had a grocery store selling different types of groceries. It has been a profitable project and the only source of income for him, but not enough to cover his costs. Mohammad 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, and to make improvements in the store's condition by installing additional shelves. This will increase sales and increase Mohammad's income to ensure a better future for him.
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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Success!! The loan was 100% repaid