Update on ShadyaShadya is a 43-year-old married woman who is a mother of four sons and two daughters. Her husband is a farmer but his income is not enough to cover all of the family's needs. For the past eight years, Shadya has been operating a clothing store which has a good location in the center of the market. She has many loyal customers and a good reputation among her customers. Shadya is photographed in her store. Her business is profitable and she is able to provide a second helpful source of income for her family. She needs financial support to cover her costs.
Shadya is requesting a USD loan from FATEN to purchase a new collection of winter clothing to sell. Her loan will enable her to have a wide collection of clothes to meet increased customer demand and increase her sales. Shadya hopes that her loan will have a positive impact on her family.
Previous Loan DetailsShadya is a 42-year-old woman, married with four sons and one daughter. Shadya has her own business of clothing sales. She wants to purchase a new collection of clothes for the coming season, but the amount of money she has isn't enough for that, so she needs to take out a loan of $1,000 from… More from Shadya's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid