For the past five years, Rami has had a bookstore, where he sells various types of stationery to school and university students and to groups, which makes his project a profitable one. It is his only source of income. It needs more support to cover some urgent costs.
Rami wants to improve and expand his business, so he is requesting a USD1,500 loan from FATEN to cover the cost of purchasing a collection of stationery and bring in a new copier machine, so students can use it to copy their documents and papers.
Taking out this loan will improve Rami's work and increase his sales, which will increase his income and create better living conditions for his family.
Rami is photographed inside his bookstore.
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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Success!! The loan was 100% repaid