Update on MahdyaMahdya is a 45-year-old married woman and the mother to three sons and two daughters. Her husband is employed in a local center and the low income he earns is not enough to cover the family's needs.
Mahdya wants to create better living conditions for her family, and so requests a loan of USD 2,000 from Palestine for Credit & Development (FATEN) to cover the cost of painting her house and fixing the external wall of her house. This will ensure better living conditions for Mahdya and her family and enable them to enjoy living in their house.
Mahdya is photographed next to her house.
Previous Loan DetailsMahdya is a 43-year-old woman. She is married and has three sons and two daughters; her husband is employed in a center with a decent salary. Mahdya has a project of making packaged food for sale such as cheese, dairy products, olives, etc. She wants to purchase more bottles and wrapping mate... More from Mahdya'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.
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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