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Nael
Nael, age 30 and unmarried, works in a bakery. At present he earns a very low salary that is not enough to cover his cost of living.

Nael is pictured in his new house. He wants to prepare his new house so that he will be able to get married. He is therefore requesting a 3,000 USD Youth loan from FATEN, which will cover the cost of installing tiles and painting the house.

Receiving this loan will enable Nael to complete his house, which will then cause him to be able to offer suitable home conditions to a prospective bride. He hopes to marry soon and looks forward to living with his wife in his new and finished house.

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.

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

  • $4,900
    Average annual income
  • 0
    View loans »
    Palestine Loans Fundraising
  • $11,371,850
    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 Nael to install tiles and paint his house in preparation for getting married.
83% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
N/A