Funded

Total loan: $1,500
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Mohammad


A loan of $1,500 helped to purchase new bicycle repair kit to improve his work.


Mohammad's story

Mohammad is a 44 years old man. He is married with six sons and four daughters. He is a Palestinian National Authority employee with a decent salary. He has a bicycle repair workshop which is a source of income to the family. Mohammad wants to improve his work by purchasing a new bicycle repair kit, but he does not currently have enough money so he needs to take a loan of amount $1,500 from FATEN. When Mohammad gets the loan, which is repaid on a monthly basis, he will be able to purchase a new bicycle repair kit, enabling him to improve the quality of his work and increase his customers, this will increase his income and enable him to provide better living conditions for his family. Mohammad is a conservative man, so his son is photographed instead in the workshop.



Loan details

Loan length:

27 months
Disbursed date: October 11, 2011
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

27 months
Disbursed date: October 11, 2011
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)