Check out some available loans that are similar to this one!
Mohammad
Mohammad is a 28-year-old single man from Khanyounis. He lives with his family in a very old house. Mohammad is a painting worker with an unstable income due to the demand. His income barely covers all the family's needs. He is also a student in a local university where he studies Decorating Design. He would like to take a BA degree and find a better job in the future.

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

Mohammad 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.  

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

  • $4,900
    Average annual income
  • 36
    View loans »
    Palestine Loans Fundraising
  • $11,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $800 helped Mohammad to buy a new laptop for his studies.
78% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2014
Listed
May 2, 2014
Currency Exchange Loss:
N/A