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Hamam
Hamam is a 20 years old single young man from Deir el balah city. he lives with his family in a very simple house.his father works as a teacher in a local school with a very low income. Hamam is a student in a local university where he studies Finance. Hamam would like to finish his study and find a job.
Hamam took a USD Murabaha loan from FATEN. This loan will help him to buy a new laptop for his study. by taking this loan, Hamam will be able to do his home works and write the reports easily.
Hamam 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
  • 54
    View loans »
    Palestine Loans Fundraising
  • $10,544,500
    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 Hamam to buy a new laptop for his study.
91% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Mar 27, 2014
Currency Exchange Loss:
N/A