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

Najla is a 41-year-old married woman from Rafah city. She lives with her husband and eight kids, two sons and six daughters, in a small house in the city. Her husband works as an employee with a low income. For the past three years, Najla's husband has been working in a store where he rents sound devices for use at parties and events. It is a good business and earns a good income. Najla and her husband would like to improve and expand the business.

Therefore, Najla took a loan from FATEN. This loan will help her and her husband to buy a new sound system for their store. This will increase their income

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
  • 92
    View loans »
    Palestine Loans Fundraising
  • $10,874,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,875 helped Najla to help her and her husband to buy a new sound system for their store.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2014
Listed
Jan 31, 2014
Currency Exchange Loss:
N/A
Expired:
Mar 2, 2014