Marwa is a married woman from Jabalia city. She is a mother with three kids. Her husband works as an employee and gets a low salary. This is the only source of income to the family.
She is requesting a USD Murabaha loan from FATEN to help her cover the cost of purchasing a new TV and refrigerator in order to improve the living conditions in her house. Taking this loan will offer Marwa some nice appliances so she can better enjoy living in her house with her family.
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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