For the past four years, Morad has had a mobile phone store, which has been a profitable project and the only source of income to him, but also not enough to cover his cost of living.
Morad is requesting a 1,000 USD youth loan from FATEN to help him cover the costs of purchasing a new collection of mobile phones and making some remodeling improvements to his store, such as painting and installing additional shelves. This will improve Morad's store condition and increase demand from his customers to choose and buy mobile phones, which will increase his income and offer to him better living conditions.
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