Update on HananHanan is a conservative person who prefers not to have her photo published online, so her son Mohammad appears in her Kiva profile photo.
Hanan is a 34-year-old married woman. She lives in Qalqilia with her husband and five children: three sons and two daughters. The family owns a small grocery store which has been in operation for five years. This store provides a very good income, but it also needs some support to purchase more grocery products.
Hanan is requesting a 1,000 USD loan from FATEN. this loan will help Hanan and her family to improve the store conditions and buy more groceries to sell.
This will increase sales and increase the family's income.
Previous Loan DetailsHanan, a 33-year-old young married mother of three sons and two daughters, operates a grocery store. Because she wants to increase the range of products available to her customers, Hanan is requesting a loan of $1,000 from FATEN. The resulting product acquisition should increase her sales and… More from Hanan'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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