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Osama
Osama is a 41-year-old married man from Deir El Balah. He lives with his wife in a simple house in the city. For the past ten years, Osama has been working on his farm where he plants seasonal fruits and vegetables. He sells them to the local traders.

Osama took a USD Murabaha loan from FATEN. This loan will help him to buy more seeds and seedlings and also renew his irrigation system by buying water pipes. This will improve Osama's farm and also his income.

Osama appears in the photo on his farm.

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.

About Palestine

  • $2,900
    Average annual income
  • 34
    View loans »
    Palestine Loans Fundraising
  • $10,587,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Osama to buy more seeds and seedlings and also renew his irrigation system by buying water pipes.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2013
Listed
Oct 13, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 23, 2014