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Ameen

Update on Ameen

Ameen is a 36-year-old married man, he is a father with one son and two daughters. All of his children are under 18 years old.

For the past 2 years, Ameen has been driving a taxi, which has been a profitable project and the only source of income for the family.

Ameen is requesting a loan from FATEN to help him cover the costs of purchasing a new engine to the taxi he drives. This will increase the taxi capacity to work extra hours and enable Ameen to take additional internal and external requests, which will improve the family's income positively.

Ameen appears in Kiva profile picture.

Previous Loan Details

Ameen is a 34-year-old man. He is married and has four sons. Ameen owns a taxi that he drives inside the city on one of the public transportation lines, as well as transporting clients upon request. Such a job doesn't help Ameen make the money he needs to cover both family and car expenses. There... More from Ameen's previous loan »

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.

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.

About Palestine

  • $4,900
    Average annual income
  • 34
    View loans »
    Palestine Loans Fundraising
  • $11,660,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Ameen to pay the cost of purchasing a new engine.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2013
Listed
Jun 2, 2013
Currency Exchange Loss:
N/A
Expired:
Jul 2, 2013