Update on MuhammadMohammad is a 29-year-old married man from Qalqilia. He is a father with one son and one daughter. He is a very good worker in home electric repair. This is the only source of income for the family. Mohammad would like to improve the living conditions in his home by buying new furniture.
Mohammad took a USD loan from FATEN. This loan will help him to buy new furniture for the living room and bedroom. Mohammad appears in the photo.
Previous Loan DetailsMuhammad is a young man from Qalqilia- Palestine. He is married and a father of two sons. Muhammad runs an electronics store selling irons, hair dryers, mixers, etc. Muhammad wants to have a better income as the current one is barely enough, so he took out a loan from FATEN to redecorate his… More from Muhammad's previous loan »
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.
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.
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