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Elena
Elena is a 24-year-old young woman. She is married and a mother to one son and one daughter.

Elena lives in Biet Lahia district near to Jabalia Refugee Camp. Elena and her husband are planning to have their own project: to purchase a taxi to transport passengers from one area to another. Elena and her husband have an amount of money which is not enough to cover all the costs. So she is requesting a USD loan from FATEN to help her, and her husband, complete the purchase of the taxi that her husband will drive. This will offer Elena's husband a stable project and create a profitable income source, which will improve the family's income positively.

Elena is photographed next to the taxi.

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

  • $2,900
    Average annual income
  • 20
    View loans »
    Palestine Loans Fundraising
  • $10,278,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Elena to complete the purchase of a the taxi.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015