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Fares
Fares is 20 years old and single. He lives with his family in Jenin city.

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

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.

Tags

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
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Fares to fix the wheels of his truck and do some maintenance.
86% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2013
Listed
Oct 26, 2013
Currency Exchange Loss:
N/A