A loan of $1,875 helped to purchase new home furniture.

Najla''s story

Najla' is a 49-year-old woman. She is married with two sons and two daughters. Her husband is a Palestinian National Authority employee with a decent salary. Najla' has old home furniture and she wants to replace it with new ones, such as new bedroom furniture and new living room furniture to improve her family's living conditions, but the amount of money she has isn't enough to pay, so she needs to take a loan from FATEN. When Najla' gets the loan, she will purchase new home furniture that will change her family's home living conditions for the better. Najla' is photographed in the picture.

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