For the past seven years, Theeb has been selling perfumes to customers. His store is located in a good traffic area. He has many loyal customers and has a good reputation in the market which makes his business a profitable one and a second source of income to the family. However, at times, the business needs more support to cover the costs.
Theeb is requesting a loan from Palestine for Credit & Development (FATEN) to cover the cost of purchasing a large collection of perfumes for resale. The new perfume collection will attract more and new customers which will increase sales and improve his income. Theeb is photographed inside his store.
More information about this loan
This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
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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