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Yousef
Yousef is a 27-year-old single man from Khan Younis city. He lives with his family in a very simple house. He has a small store to sell women's clothing in the city. It is a good business but the income is not high. Yousef would like to improve the family living conditions and buy all the needed stuff.

Yousef took a USD Murabaha loan from FATEN. This loan will help him to buy a water purification machine for his home. By taking this loan, Yousef will be able to improve the living conditions and provide clean water for the family.

Yousef 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.

About Palestine

  • $2,900
    Average annual income
  • 6
    View loans »
    Palestine Loans Fundraising
  • $10,228,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,875 helped Yousef to buy a water purification machine for his home.
33% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2014
Listed
Jun 19, 2014
Currency Exchange Loss:
N/A