Currently, Wisaf is repairing and renovating her house. But due to a money shortage, some renovations have been stopped for awhile. So she is requesting a USD loan from FATEN to continue her home's renovations. First of all, she will paint her house and then install new windows. The loan she is taking out will be dedicated to covering the cost of painting and hiring workers to install new windows to her house, which will offer suitable home conditions to Wisaf and her family.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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