Update on ThaeraThaera, age 30, is a conservative person who prefers not to have her photo published online, so her husband Ahmad appears in her Kiva profile photo. He is pictured in his vehicle repair workshop.
For the past two years, Thaera's husband has been operating the vehicle repair workshop he started up with assistance from Kiva lenders, and it has been a profitable project. However, he needs more support in order to cover the family's cost of living. Ahmad and Thaera have one son and one daughter.
Thaera is requesting a 2,000 USD Youth loan from FATEN in order to help her husband cover the costs of purchasing a new vehicle repair kit. This will improve Thaera's husband's work quality and increase demand from his customers for his services. This will increase his income, thus bringing better living conditions to Thaera and her family.
Previous Loan DetailsThaera is married and has one baby girl who suffers problems with her heart. Thaera's husband used to be a daily worker in Israel, but currently he can't get a permit so he thought of opening a new business that sells used car parts. Since he has good experience in this field, he thought of opening… More from Thaera's previous loan »
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 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.
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