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Wael
Wael is a 25-year-old married man from Rafah city. He lives with his wife in a small simple house in the city. For the past two years, Wael has been working in a small shop for selling clothes. It is a good project and earns him a good income. Wael would like to improve his business and maybe in the future open a bigger store.

Wael took a USD loan from FATEN. This loan will help him to buy more clothes for his store to resell. By taking this loan, Wael's sales will increase, as will his income.

Wael appears in the photo.

Additional Information

More information about this loan

This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

About Palestine

  • $2,900
    Average annual income
  • 56
    View loans »
    Palestine Loans Fundraising
  • $10,687,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Wael to buy more clothes for his store to resell.
52% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
N/A