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Khaled
Khaled is a 36-year-old married man and the father of two sons and three daughters. He is employed and earns a small salary, which is barely enough to cover all the family's needs.

Khaled and his family were in need of a new refrigerator in their house, especially in summer season, so he took a Murabaha loan from FATEN to help him cover the cost. This loan will impact Khaled's family's living condition positively. Khaled's photo was taken in front of the refrigerator he has bought.

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

  • $2,900
    Average annual income
  • 0
    View loans »
    Palestine Loans Fundraising
  • $11,183,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD