Funded

Total loan: $2,000
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Nisreen


A loan of $2,000 helped working Capital.


Nisreen's story

Nisreen's business is a family business where she works with her husband. The business is an art shop where Nisreen's husband paints pictures and signs, writes in Arabic in a special artistic way for special events, and decorates vases with colors and flowers.

Nisreen's husband started the business a few years ago with only two US dollars. After he lost all hope of finding a job, in spite of having finished his university degree, he used the two dollars to buy markers, coloring pens and papers. His work was successful. Then he got married and now he has three boys, aged 10, 2, and 1 years old. With the help of his wife the business grew quickly. There was high demand from the market, so Nisreen was responsible for decorating the vases with flowers and selling to customers while her husband was responsible for the painting.

During the last war in Gaza in late-December 2008 and early-January 2009, Nisreen lost her business when it was bombed. She and her husband lost everything -- raw materials, inventory, etc. -- but they never lost hope and they intend to continue working under any condition, especially now that they have children.

The family approched FATEN's branch in Jabalia for a business loan in the amount of 2000 USD, since they had already signed with UNRWA (United Nations Relief and Works Agency) to provide materials, painting and signs for the summer camps the UN conducts for refugees.



Loan details

Loan length:

21 months
Disbursed date: May 28, 2009
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: May 28, 2009
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)