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Waseem
Waseem is a 19-year-old single man from a village near Nablus, called Beddya. He lives with his parents and four brothers in a very simple house in the village. His father has a sewing workshop where he gets a low income and not enough to cover all the family needs. Waseem opened a small coffee shop where he makes fresh cocktails and sells soft drinks. It is a good business and the demand is high.

Waseem took a USD loan from FATEN. This loan will help him to buy a new refrigerator and make new decorations for his coffee shop. By taking this loan, Waseem will be able to improve his business and increase the sales.

Waseem appears in the photo while he was working.

Additional Information

More information about this loan

This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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.

Tags

About Palestine

  • $2,900
    Average annual income
  • 33
    View loans »
    Palestine Loans Fundraising
  • $10,587,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Waseem to buy a new refrigerator and make new decorations for his coffee shop.
24% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2014
Listed
Aug 29, 2014
Currency Exchange Loss:
N/A