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Waleed is a 22-year-old single man from Khanyounis. He lives with his family in a very old house. Waleed's father works as an employee in the public sector where he earns a low income. This income is barely enough to cover all the family's needs. Waleed works in a temporary job to help his family with part of their expenses. He is also a student at a local university where he studies Tourism and Hospitality. He would like to earn a BA degree and find a better job in the future.

Waleed took a USD Murabaha loan from FATEN. This loan will help him to buy a new laptop for his studies. By taking this loan, Waleed will be able to do his homework and write his reports easily. Waleed appears in the photo with his new laptop.

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.  


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

  • $4,900
    Average annual income
  • 55
    View loans »
    Palestine Loans Fundraising
  • $11,628,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $850 helped Waleed to buy a new laptop for his studies.
77% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 3, 2014
May 2, 2014
Currency Exchange Loss: