Check out some available loans that are similar to this one!
Rezeq
Rezeq is 23 years old and a single young man from Gaza city. He lives with his family in a simple house in the city. For the past eight years, Rezeq has been selling construction materials. This is a good business that has good market demand.

Rezeq is requesting a USD loan from FATEN to buy more construction materials to sell to develop his store. His loan will increase his sales and income. Rezeq appears in this 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
  • 105
    View loans »
    Palestine Loans Fundraising
  • $10,881,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,775 helped Rezeq to buy more construction materials to sell.
94% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
N/A