September 11, 2011

As part of an ongoing effort to fully migrate risk ratings to our new and enhanced risk rating system, Kiva has conducted a re-assessment of the level of risk posed by this institution.

During this re-assessment, our analysts were able to gather updated operational and financial information about the institution, as well as speak with key members of the staff. 

The information gathered during this process, together with the Kiva's new risk rating system and half-star support, has led us to revise FATEN's risk rating from 3 to 4 stars. The analysts have found that FATEN's risk variables, reviewed in the new risk rating model, were most representative of a 4-Star rating.

We have prepared a blog post with more information on Kiva's new and enhanced risk rating system, along with a chart showing the relative magnitude of the overall changes for Kiva's portfolio.  To view that, please go here: http://www.kiva.org/updates/kiva/2011/09/07/kiva-risk-ratings-now-with-half-stars.html.

FATEN has been informed of our analysts’ findings and their corresponding change in rating.

Original Partner Description

FATEN is a non-profit company that provides micro and small loans to economically active entrepreneurs, especially women. FATEN started as program within Save the Children Federation US in 1994 and spun off and became completely independent in 1999.

Our Mission

We are: Palestine for Credit & Development "FATEN", a pioneering national not-for-profit corporation which provides a variety of high quality and sustainable financial services, for low income and economically active small scale enterprises and micro entrepreneurs, specially women, through a high caliber staff and an advanced infrastructure to contribute in the effort of family empowerment and community development in Palestine.

Our Vision

For FATEN to be the main address for microfinance in Palestine.


Kiva HelpRepayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Jun 18, 2009 Oct 12, 2005
Total Loans $2,506,800 $280,866,475
Amount of Raised Inactive Loans $0 $8,475
Number Of Raised Inactive Loans 0 16
Amount of Paying Back Loans $1,980,425 $76,717,975
Number Of Paying Back Loans 1,082 92,492
Amount of Ended Loans $526,375 $204,140,025
Number Of Ended Loans 309 280,128
Delinquency Rate 1.36% 2.44%
Amount In Arrears $19,160 $1,253,784
Outstanding Portfolio $1,409,773 $51,303,862
Number of Loans Delinquent 236 11,530
Default Rate 0.12% 1.12%
Amount of Ended Loans Defaulted $636 $2,280,201
Amount of Ended Loans $526,375 $204,140,025
Number Of Ended Loans Defaulted 1 6,779
Currency Exchange Loss Rate 0.00% 0.00%
Amount of Currency Exchange Loss $0 $12,824
Refund Rate 0.10% 1.25%
Amount of Refunded Loans $2,600 $3,520,925
Number Of Refunded Loans 2 4,156

Kiva HelpLoan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans To Women Entrepreneurs 52.57% 74.89%
Average Loan Size $1,801 $389
Average Individual Loan Size $1,801 $618
Average Group Loan Size $0 $1,631
Average Number Of Entrepreneurs Per Group 0 8
Average GDP Per Capita (PPP) in Local Country $2,900 $3,403
Average Loan Size / GDP Per Capita (PPP) 62.12% 11.42%
Average Time To Fund A Loan 10.08 days 3.96 days
Average Dollars Raised Per Day Per Loan $178.72 $98.13
  Average Loan Term 19.78 months 9.26 months

Kiva HelpJournaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 30 131,523
  Journaling Rate 11.07% 39.37%
  Average Number Of Comments Per Journal 0.70 0.16
  Average Number Of Recommendations Per Journal 1.40 4.21

Kiva HelpBorrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI Peers in Country All Kiva Partners
  Average Interest Rate and Fees Borrowers Pay (Portfolio Yield) 15.30% 10.90% 36.11%
  Average Partner Return On Assets (Average Profitability) 2.9% -3.9% -1.45%
  Average Loan Size (% of Per Capita Income) 189.95% 60.80% 43.69%

Kiva HelpCountry Fast Facts

Field Partner Staff

Fares Abdel Nour
Fawz Abuhijleh
mohammed alshawaf
Kathy Guis
Philip Issa
Yusra Jamous
Hind Jarrar