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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.

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About Palestine

  • $2,900
    Average annual income
  • 90
    View loans »
    Palestine Loans Fundraising
  • $10,874,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back - Delinquent
A loan of $850 helped this borrower to buy a water-purification machine for his home.
77% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
N/A