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Mahmoud
Mahmoud is a 26-year-old single young man from Rafah city. He lives with his family in a small, simple house. Mahmoud was working as a teacher in a local school, but he was getting a very low wage. He decided to open his own business, which is an education center. Mahmoud would like start programs for tuition-based lessons for school students.

Mahmoud took a $500 USD loan from FATEN. This loan will help him to prepare his center and buy all the needed furniture like chairs and chalkboards. By taking this loan, Mahmoud will be able to start his business and make his dreams come true.

Mahmoud appears in the photo.

Additional Information

More information about this loan


The Startup loan is currently being offered by FATEN to recent university and vocational training center graduates whose business is in a startup phase and does not qualify for financing under regular business loan requirements.  The risks inherent in lending to startup businesses are mitigated by the creation of a feasibility plan during the loan application process, additional required collateral and an owner's contribution of at least 25%.  

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

  • $4,900
    Average annual income
  • 2
    View loans »
    Palestine Loans Fundraising
  • $11,371,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Mahmoud to prepare his center and buy all the needed furniture like chairs and chalkboards.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2014
Listed
Jan 23, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015