Salem has finished building a small house (he is photographed in the new house) and he now wants to finish the house's inside, such as by painting and decorating the house. As a result, he is requesting a loan in the amount of $1,000 from FATEN to cover the costs of purchasing paints and decorations for the house. In this way, the loan proceeds will provide Salem and his family with suitable living conditions and will enable them to enjoy living in their new house.
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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