Funded

Total loan: $1,500
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Louai

Palestine
Palestine / Grocery Store

A loan of $1,500 helped to purchase needed stocks of basic groceries for sale.


Louai's story

Louai is a young Palestinian man who is married and a father to two sons. He is employed, but his low salary isn't enough to cover the family's needs.

For the past three years, Louai has also had a grocery store selling different types of groceries. It has been a profitable project, but not enough to cover the costs.

Louai is requesting a $1,500 loan from FATEN to help him cover the costs of purchasing needed stocks of basic groceries that customers often request such as rice, sugar, dairy products and canned food. This will increase sales and increase Louai's income, which will enable him to provide better living conditions for his family.

Louai is photographed in his store.



Loan details

Loan length:

21 months
Disbursed date: August 29, 2012
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: August 29, 2012
Facilitated by Field Partner: Palestine for Credit & Development (FATEN)