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Fadi
Fadi is a 24-year-old single man from Gaza city. He lives with his family in a small house. His father is an employee in a local company and earns a low wage. This wage barely covers the family's needs. Fadi decided to help his father cover part of the family's expenses so he is running an electrical appliance store. This store has been open for a year and a half. It is a profitable business but still needs improvement.
Fadi took a USD loan from FATEN. This loan will help him to buy more stock for his electrical appliance store. This will help him to improve his business and also his income.
Fadi appears in the photo while he was in his store

Additional Information

More information about this loan

This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

About Palestine

  • $4,900
    Average annual income
  • 53
    View loans »
    Palestine Loans Fundraising
  • $11,628,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Fadi to buy more stock for his electrical appliances store.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2013
Listed
Sep 4, 2013
Currency Exchange Loss:
N/A
Expired:
Oct 4, 2013