For the past three years, Saed has been working in making gypsum decorations, which has been a profitable project and the only source of income to him. He has a good reputation in the market and has many loyal customers, but not enough to cover the cost of the business.
Saed is requesting a 1,000 USD youth loan from FATEN to help him cover the costs of purchasing new shapes of gypsum and a new manufacturing kit. This will improve Saed's work quality and increase demand from his customers. This will increase his income and offer to him and to his family better living conditions. Saed is photographed while he is working.
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