A loan of $1,825 helped to exchange her old home furniture for new furniture.

Sa'eda's story

Sa'eda is a 33-year-old woman, married with two sons and two daughters. She is a UN employee and her husband is a Palestinian National Authority employee with a decent salary. Sa'eda wants to change her home furniture and buy new furniture instead, for example bedroom furniture for her children, living room seats, etc. but with the two decent salaries Sa'eda and her husband get, she doesn't have enough money to pay, so she needs to take a loan in the amount of $1,825 from FATEN. This loan will help Sa'eda to change her old home furniture and buy new furnishings to have better living conditions for her family.

Sa'eda is a conservative religious woman, so her husband is photographed instead.

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.

Loan details

Lenders and lending teams

Loan details