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Faten

Update on Faten

Faten is a conservative person who prefers not to have her photo published online. Her husband appears in her Kiva profile photo instead. This picture has been taken in his barber shop.

Faten is a 24-year-old married woman. She lives with her husband in a small village near Jabalia city. Faten's husband has been running his own barber shop for three years. He needs some money to improve his shop by adding new furniture.

Faten has requested a loan of 2,000 USD from Palestine for Credit & Development (FATEN). This loan will help Faten's husband to improve his barber shop and increase his income.

Previous Loan Details

Faten is a 22-year-old married woman who lives in Jabalia Refugee Camp in Gaza Strip. Faten's husband has a barber shop in the refugee camp. He wants to purchase creams and hair products for the barber shop. Faten took out a loan from FATEN to pay for the products her husband wants to purchase. ... More from Faten's previous loan »

Additional Information

About FATEN

Palestinians 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 Palestine

  • $4,900
    Average annual income
  • 38
    View loans »
    Palestine Loans Fundraising
  • $11,381,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Faten to buy new furniture for her husband's barber shop.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 15, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015