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Amal
Amal is a 20-year-old single lady from Nablus city. She lives with her family in a small house. Her father works as an employee in a local company in the city. Amal opened a beauty salon in the city. She loves this field and would like to have a big and modern salon in the future.

Amal took a loan from FATEN. This loan will help her to open a new beauty salon and buy all the necessary tools, like chairs and beauty products, and do some decorations. Amal will help her father with part of the family expenses.

Amal appears in the photo in her beauty salon.

Additional Information

More information about this loan


The Startup loan is currently being offered by FATEN to recent university and vocational training center graduates whose business is in a startup phase and does not qualify for financing under regular business loan requirements.  The risks inherent in lending to startup businesses are mitigated by the creation of a feasibility plan during the loan application process, additional required collateral and an owner's contribution of at least 25%.  

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.

Tags

About Palestine

  • $4,900
    Average annual income
  • 54
    View loans »
    Palestine Loans Fundraising
  • $11,394,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Amal to open a new beauty salon and buy all the necessary tools, like chairs and beauty products, and do some decorations.
100% repaid
Repayment Term
28 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 26, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014