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.
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 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.
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