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Fatimah
Fatimah is a conservative person who prefers not to have her photo published online, so her son appears in the photo.

Fatimah is a 50 year old married woman from Rafah city. She is a mother of one son and one daughter. Fatimah works as an employee in a local firm where she gets a low income. Her son also is a worker. He would like to buy a new rickshaw to work on. Fatimah took a USD loan from FATEN. This loan will help her to buy a new rickshaw for her son to work on. By taking this loan, the income for Fatimah and her family will be improved and also their living conditions.

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
  • 109
    View loans »
    Palestine Loans Fundraising
  • $10,947,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,500 helped Fatimah to buy a new rickshaw for her son to work on it.
54% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2014
Listed
Jan 27, 2014
Currency Exchange Loss:
N/A