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Shadi
Shadi is a 29-year-old married man from Rafah City, Gaza Strip, Palestine, and is a father of three young daughters. Shadi is an employee in the public sector where he earns a low income. This in the only source of income for his family. Shadi would like to improve his family's conditions and maybe in the future he would like to build a better home.

Shadi took a Murabaha loan from the FATEN field partner. This loan will help him to buy a water purification machine for his home and will improve his family's living conditions, especially for his kids. Shadi 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
  • 99
    View loans »
    Palestine Loans Fundraising
  • $10,981,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Shadi to buy a water purification machine for his home.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2013
Listed
Nov 5, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015