Funded

Total loan: $2,000
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Nawal

Palestine
Palestine / Taxi

A loan of $2,000 helped to pay for taxi insurance fees and house finishing expenses.


Nawal's story

Nawal is a 51-year-old woman. She is married and has three sons and one daughter. Her husband is a municipality employee with a decent salary. In addition, he works as a taxi driver to improve the family income. Nawal has a taxi that takes internal and external requests. She wants to pay the taxi insurance fees and make some internal finishing to her house such as putting down tiles, painting the walls, etc. The money Nawal has isn't enough to pay for all these expenses, so she is in need of a loan of 2,000 from FATEN.

When Nawal gets the FATEN loan, which is repaid on a monthly basis, she will pay the insurance fees for the taxi. That will help her husband who is the taxi driver to work extra hours and take more requests, which will improve the family's source of income. In addition, Nawal will pay to make some finishing to her house. Then she and her family will live in better conditions. Nawal is a religious conservative woman so her husband is photographed instead.



Loan details

Loan length:

21 months
Disbursed date: August 24, 2011
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: August 24, 2011
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)