Update on KholodKholod is a 28-year-old married woman from a small village near Jenin city. She has three sons. Her husband works as a taxi driver who earns a low and unstable income. Kholod helped her husband to meet the family expenses by starting a small center for physical therapy. It is a good business but the tools and medicines are expensive
Kholod requests a USD loan from FATEN to buy new tools and medicines for her physical therapy center. Kholod will be able to improve her business and increase her productivity.
Previous Loan DetailsKholod is a 26-year-old married woman. She is employed in natural treatment center and her husband is a taxi driver. Their income is not enough to cover all their needs. Kholod wants to improve her home living conditions so she is requesting a USD loan from FATEN to cover the cost of purchasin... More from Kholod's previous loan »
More information about this loan
This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
About FATENPalestinians 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid