For the past year, Fares has been working with a small truck in construction work. He transfers construction materials to contractors. It is a hard business but it is also very profitable.
Fares took a USD loan from FATEN. This loan will help him to fix the wheels of his truck and do some maintenance.
By applying this loan, Fares will be able to improve his truck. He will be able to transfer more materials for the contractors. His income will increase.
Fares appears in the photo
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 FATENPalestinians 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.
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Success!! The loan was 100% repaid