Nahla is a wife and mother of Samah, Afaf and Asad who are between 17 and 20. Nahla and her husband own a farm where they plant olive, lemon and almonds trees which they take care of, harvest and sell. The farm is the family's source of income. The three children help the parents work the land when they don't have school.
Nahla came to FATEN and took a loan to purchase and install a greenhouse in the farm to grow different plants as winter is starting and this would create another source of income during winter.
The family also produces and sells olive oil.
Nahla appear in the picture here on the farm.
About this loan product:
FATEN offers loan products that are designed to serve borrowers all over Palestine, including some religiously conservative areas. A key tenet of Islam is the prohibition of interest in the lending or accepting of money. This prohibition is based on the belief that money should be seen only as a medium of exchange and that it has no value in itself. FATEN has adapted the terms of this loan to fit the cultural context by attaching a 0% interest rate to the loan. In order to cover its costs, FATEN does charge a servicing fee. The amount you see fundraising includes both the principal loan and the loan servicing fees. As with all Kiva loans, you should expect to have your funds returned to you in accordance with the repayment schedule attached to this loan. For more information on lending in the Muslim world, please visit Kiva's Muslim World Lending helptext: http://tinyurl.com/3aekx8m
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.