A loan of $1,225 helped to purchase home furniture to improve her family's living conditions.

Hala's story

Hala is a 30-year-old woman who is married with two sons and two daughters. She lives in the Jabalia refugee camp in Gaza, located in Palestine.

Hala wants to purchase new home furniture instead of the old ones to improve her family life and live in better conditions. Since she hasn't enough money, she needs to take out a loan of $1,215.05 from FATEN.

When Hala gets a FATEN loan, which is repaid on a monthly basis, she will be able to purchase new home furniture, which will change her family life positively and let the family live in better conditions.

Hala is a conservative 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 article on Lending in the Muslim World.

Loan details

Lenders and lending teams

Loan details