Nour is a 25-year-old married woman from Jabalia. She is also a university student . Her husband is an employee who gets an average salary. Nour would like to complete her studies, so she would like to buy a new laptop to help her in doing the reports and homework.
Nour took a USD Murabaha loan from FATEN. This will help Nour in her studies. This will ensure a better future for Nour and her kids.
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 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.
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