Check out some available loans that are similar to this one!
Hamzeh
Hamzeh is a 23-year-old married man from Rafah city. He lives with his wife in a humble house. Hamzeh is an employee in the public sector where he gets a very low income. Hamzeh would like to improve his home conditions and buy all the needed things.

Hamzeh took a USD Murabaha loan from FATEN. This loan will help him buy a water purification machine for his home. It is very necessary since the water in his area is not healthy.

Hamzeh would like to take another loan in the future and buy all the needed stuff.
Hamzeh appears in the photo.

Additional Information

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 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

  • $2,900
    Average annual income
  • 92
    View loans »
    Palestine Loans Fundraising
  • $10,874,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,875 helped Hamzeh to buy a necessary water purification machine for his home, as the water in his area is not healthy.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 19, 2014