Maryam is an 18-year-old single lady from a small village near Deir Al-Balah city. She lives with her family in a simple house. Maryam's brother works in the public sector and earns a low income. Maryam studies Islamic origins, and she would like to finish her studies and take the BA degree to find a job and help with part of the family's expenses.
Maryam took a USD loan from FATEN. This loan will help her to buy a new laptop for her studies. By taking this loan, Maryam will be able to do her homework and write her reports easily.
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 FATENPalestinians 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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