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Ammar
Ammar is a 25-year-old, single man. Ammar is a blacksmith and owns his own workshop, but the income he generates is not enough to cover all of his living costs.

Ammar is preparing himself to get married soon, so he wants to finish building his own house, to which he can bring home his bride. Ammar is requesting a 3,000 USD Youth Loan from FATEN. He will use the loan to cover the cost of purchasing construction supplies, such as bricks and cement. This will enable Ammar to prepare a suitable house to live in, soon, with his coming wife.

Ammar was photographed in the location of his house.

Additional Information

More information about this loan

This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

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.

About Palestine

  • $2,900
    Average annual income
  • 59
    View loans »
    Palestine Loans Fundraising
  • $10,076,050
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $3,000 helped Ammar to buy bricks and cement to use to finish building the house, to which he will bring home his bride.
90% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
N/A