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Islam is a 25-year-old single man living in Jenin.

Islam used to work for a blacksmith, a year ago he decided to open his own workshop from his savings.

He took a loan from ACAD to buy raw materials such as iron and welding tools. Islam makes metal shelves and windows.

Islam plans to buy a piece of land and build a small metal factory; after he achieves this dream, he wants to get married and start a family.

Islam's biggest challenges are the lack of capital and the lack of skilled blacksmiths to assist him in expansion.

The political situation makes it hard for him to market his product to a wide audience.

Additional Information

More information about this loan

This loan is governed by Islamic lending principles. Because Islamic Law prohibits the charging of interest, ACAD is charging 0% interest on this loan. This is a Murabaha loan, which means that ACAD 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.  

Important Information

The Arab Center for Agricultural Development (ACAD) is a microfinance organization operating in Ramallah, Palestine. Founded in 1993, it provides micro-loans, small loans, and agriculture loans and more to poor and low-income Palestinian entrepreneurs. ACAD focuses on several areas of development including offering credit, fostering community and building cooperatives.

Kiva lenders’ funds are used to help ACAD serve more people in remote areas, especially farmers working in agricultural cooperatives. Additionally, these funds enable ACAD to offer loans at lower interest rates to ensure that even the poorest Palestinians have access to affordable credit.


About Palestine

  • $2,900
    Average annual income
  • 5
    View loans »
    Palestine Loans Fundraising
  • $10,228,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD