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Abdel Haleem
Abdel Haleem is a 21-year-old single man from Rafah city. He lives with his family in a small simple house. His father is an employee in the public sector where he earn a low income. Abdel is a student in a local university where he studies Business Adminstration. ِHe would like to finish his studies and find a job.

Abdel took a Murabaha loan from Palestine for Credit & Development (FATEN). This loan will help him to buy a new laptop for his studies. By taking this loan, Abdel will be able to do his homework and read articles online.

Abdel 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

  • $4,900
    Average annual income
  • 37
    View loans »
    Palestine Loans Fundraising
  • $11,381,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $825 helped Abdel Haleem to buy a new laptop for his study.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015