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Mohammad
Mohammad is a 20-year-old single man. People in the area where he lives are characterized by simplicity, and they still rent chairs to use at their occasions.
For the past two years, Mohammad has rented chairs to people for their occasions, which has been profitable and the only source of income for him, but the profit is not enough to cover the costs of the increasing demand from customers.
Mohammad is requesting a youth loan from Faten to help purchase a large number of chairs to cover the increasing demand from customers with whom Mohammad has a good reputation.
Receiving this loan will lead to an increase in Mohammad's income and ensure better living conditions for him.
Mohammad is photographed next to the chairs that he has for rent.

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

  • $4,900
    Average annual income
  • 54
    View loans »
    Palestine Loans Fundraising
  • $11,423,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mohammad to purchase additional chairs to rent.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2014