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Mahmoud
Mahmoud who appears in the photo, is a 25-year-old engaged young man. He is employed and gets small salary, which is not much enough to cover all his wedding expenses.
Mahmoud has took a USD Murabaha loan from FATEN to help him cover the cost of purchasing new bedroom furniture.
Taking this loan will offer to Mahmoud comfortable and suitable bedroom furniture, so he will be ready to get marry soon and enjoy living in his house with his coming wife.

Additional Information

More information about this loan

This loan is governed by Islamic lending principles. Because Islamic Law prohibits the charging of interest, FATEN is charging 0% interest on this loan. This is a Murabaha loan, which means that FATEN purchases goods for borrowers and charges a fee or mark-up. Click here to learn more about this loan type and Kiva's approach to lending in the Islamic world.  

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 Palestine

  • $4,900
    Average annual income
  • 58
    View loans »
    Palestine Loans Fundraising
  • $11,387,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Mahmoud to purchase new bedroom furniture.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2015