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Nour Eddin
Nour is a 22-year-old single man from Rafah city. He lives with his family in a small, simple house. His father works as an employee in a local firm sector where he gets a low income. This income barely covers all the family's needs. Nour is a final-year student at a local university, where he studies Mathematics. He would like to finish his studies and receive a BA degree, so he can find a good job.

Nour has taken a Murabaha loan from FATEN. This loan will help him buy a new laptop to use in his studies. By taking this loan, Nour will be able to do his homework and write reports more easily.

Nour appears in the photo.

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
  • 34
    View loans »
    Palestine Loans Fundraising
  • $10,587,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $650 helped Nour Eddin to buy a new laptop for his studies.
77% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Feb 9, 2014
Currency Exchange Loss:
N/A