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Ayman
Ayman is a 30 years old married man from Deir el Balah city. He is the father of two daughters. He works as an employee in a local firm where he gets a low income. Ayman would like to improve the family's living conditions and works extra hours in another job.

Ayman took a Murabaha loan from FATEN. This loan will help him to buy a new rickshaw so he can start transporting goods for the local traders. It is a good business and can provide extra income for his family. Ayman 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.

About Palestine

  • $2,900
    Average annual income
  • 33
    View loans »
    Palestine Loans Fundraising
  • $10,059,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,250 helped Ayman to buy a new rickshaw so he can start transporting goods for the local traders.
37% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
N/A