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Yousef
Yousef is a 23-year-old single man from Gaza City. Three years ago, Yousef opened his own business, which is a store for selling mobile phones and accessories. He also has good experience in maintenance.

Yousef would like to improve his business and expand it in the future. Yousef took a USD Murabaha loan from FATEN. This loan will help him to buy more mobiles and repair parts for his mobile store. By taking this loan, Yousef will be able to increase his sales and also his productivity.

Yousef appears in the photo in his mobile phone 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

  • $2,900
    Average annual income
  • 30
    View loans »
    Palestine Loans Fundraising
  • $10,038,950
    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 more mobiles and repair parts for his mobile phone store.
24% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2014
Listed
Jul 6, 2014
Currency Exchange Loss:
N/A