Check out some available loans that are similar to this one!
Yousri
Yousri is a 31-year-old married man from Rafah City. He lives with his wife and three sons in a small house. Yousri is an employee in the public sector where he earns a low income. This is the only source of income for the family. Yousri would like to improve his family's living conditions by buying all the needed items.

Yousri took a loan from FATEN, which will help him to buy a solar water-heating system and a tank for his home. By applying for this loan, the family will reduce their use of electricity for heating water, especially in the winter. This will improve the family's living conditions. Yousri 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
  • 32
    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 $1,250 helped Yousri to buy a solar water-heating system and a tank for his home.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2015