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Odai
Odai is a single, young Palestinian man. His mother is a housewife and his father is employed but earns a low salary, which is not enough to cover the family's needs.
Odai is preparing to open a Barber shop. He has acquired the essential skills to do this work by receiving training for this career.
Odai is requesting a 3000 USD loan from FATEN to cover the cost of purchasing a required barber kit, which is necessary to start his career. This will enable Odai to start his project in the right way, gain the satisfaction of the clients and achieve success, which will ensure to him bright future.
Odai is photographed in his shop.

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
  • 48
    View loans »
    Palestine Loans Fundraising
  • $11,387,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Odai to buy new barber kit.
100% repaid
Repayment Term
36 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2014