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Mohammad
Mohammad is a 33-year-old man. He lives in a simple house in Rafah City. Mohammad is an employee in the public sector. He gets a low income that barely covers the family needs. Mohammad took a USD Murabaha loan from FATEN. This loan will help Mohammad to increase the family living conditions by buying some home appliances. Mohammad appears in Kiva profile picture.

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
  • 53
    View loans »
    Palestine Loans Fundraising
  • $11,628,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,900 helped Mohammad to buy some necessary home appliances.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2013
Listed
Jun 6, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2015