For the past two years, Mahran has been operating a workshop for fixing washing machines for customers, which has been a profitable project, but not enough to cover all the costs.
Mahran is requesting a 1,000 USD youth loan from FATEN to help him cover the costs of purchasing a new repair kit that will be used to fix washing machines; it will also purchase a number of washing machine spare parts and engines. This will give Mahran the necessary kit and tools to continue his work, which will improve the family's income positively, especially since it is the only source of income to them.
Mahran is photographed in his workshop.
More information about this loan
This loan is helping support a borrower who is 35 or under. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources.
About FATENPalestinians face unique challenges due to the economic and political environment in the West Bank and Gaza. Click here to learn more about how Kiva and FATEN are working to help Palestinian borrowers overcome these obstacles and how your support can make a difference.
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Success!! The loan was 100% repaid