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


Abdulrahman's story

Abdulrahman is a 28 years old young man. He is married and a father with two sons. He is a Palestinian National Authority employee who gets low salary which is not enough to cover the family's expenses. Abdulrahman is requesting a youth loan from FATEN to help him cover the costs of purchasing necessary home furniture such as: bedroom furniture for his sons and living room chairs. Taking this loan will offer to Abdulrahman's family comfortable home furniture and improve their living conditions. Abdulrahman is photographed in the picture. About this loan product: FATEN offers loans that are customized for Muslim borrowers. A key principle of Islam is the prohibition of charging interest on a loan. This prohibition is based on the belief that money is only a medium of exchange and has no value in itself. In order to offer loans in a manner that is consistent with borrowers' values, FATEN charges 0% interest on this loan. However, FATEN does charge a servicing fee to cover its costs. The loan amount you see listed on Kiva 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 according to this loan’s repayment schedule. For more information on lending in the Muslim world, please click here.



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Loan details