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Shaker
Shaker is a 24-year-old young man. He is married and a father to one son who is one year old.

Shaker wants to start his new project, which is a store for fun games from internet games to pool. Shaker is requesting a USD loan from FATEN to help him cover the cost of repairing the store such as painting, installing tiles and appropriate lighting, and also purchasing one pool table. Taking this loan will enable Shaker to prepare well for starting his business, which will be profitable and the only source of income to him, so he could offer better living conditions to his family.

Shaker is photographed next to his store.

Additional Information

More information about this loan


The Startup loan is currently being offered by FATEN to recent university and vocational training center graduates whose business is in a startup phase and does not qualify for financing under regular business loan requirements.  The risks inherent in lending to startup businesses are mitigated by the creation of a feasibility plan during the loan application process, additional required collateral and an owner's contribution of at least 25%.  

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
  • 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 $2,000 helped Shaker to repair the store and buy some requirements.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 26, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 21, 2013