Hiyam took a 2,000 USD loan from FATEN to cover the cost of purchasing construction materials, such as cement, wood and bricks, that are needed to finish building their new house. This loan will help Hiyam and her husband to improve their standard of living and enjoy living in their new house.
Hiyam was photographed while she was applying for the loan in Faten’s offices.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid