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Yousef
Yousef is a 21-year-old single young man from Gaza city; he lives with his family in a humble house. The family has a grocery store where Yousef works. It is a good business, and the demand for consumable products is high.

Yousef is seeking a loan from FATEN; this loan will help to buy more grocery products for the grocery store to sell.

By taking this loan, Yousef will be able to increase the inventory in his store, and also his sales.

Yousef appears in the photo in his grocery store.

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
  • 63
    View loans »
    Palestine Loans Fundraising
  • $11,387,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Yousef to buy more grocery products to sell in the grocery store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2014
Listed
Jul 6, 2014
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2015